BNP Paribas in New York has hired Brian Leach as an associate. He will work in the firm's asset-backed commercial paper conduit program. Leach, who is scheduled to start in August, will report to Sean Reddington, director and group head asset securitization. He moves over from State Street Capital in Boston where he was a senior associate in the conduit department. Leach was not available for comment. Reddington says he may hire more ABS experts in the coming months. A banker at BNP says David Brunner, ceo of the fixed-income department, is looking at hiring CDO experts for the firm's U.S. based CDO operations. Brunner was travelling and unavailable for comment.
BNP Paribas Adds ABCP Pro