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Firm is building debt capital markets franchise in multiple directions
Specialist with over 20 years’ experience hired for new role
Banker moves to bigger EMEA bond house after four years
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Henri Foch, head of financial institutions coverage at BNP Paribas, has retired from the bank after more than 30 years in banking. Custody banker Jose Placido will take over running FIG coverage.
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BNP Paribas has shaken up its London high yield sales effort with several staff moves, in an efficiency drive and attempt to align cash and derivative coverage more closely.
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Nomura has hired Bank of America Merrill Lynch’s Albert Leung to serve as a Northeast Asia rates strategist.
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Bank of America Merrill Lynch is moving bankers from Brazil and Japan to London, in order to help it pitch Latin American and Asian markets to European corporate banking clients.
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Wells Fargo Securities has snagged BNP Paribas’ lead RMBS strategist to serve as a director and senior RMBS research analyst in the US.
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Freddie Mac has filled the void left by former vice president and chief economist Frank Nothaft, who left for a head economist job with property data provider CoreLogic in January.