BNP Seeks Cap. Intro, Sales Pros In Prime Brokerage Hiring Push

Jun 10 2010 | 10:53am ET

BNP Paribas is in the midst of a major hiring spree for its prime brokerage business, which it acquired two years ago from Bank of America.

Last week, the firm added Satyan Shah, formerly of Weston Capital, to its capital introduction team in New York. Now, Shah’s new boss, Emma Sugarman, is set to hit the road seeking to hire as many as five or more new cap-intro specialists around the globe.

Sugarman will head to London later this month, where she’ll try to hire at least two people for BNP’s London office, and may add one to its Paris office, as well. She’ll then head to Hong Kong to interview candidates for two other posts there, Hedge Fund Alert reports.

In April, BNP added new cap-intro professional in New York and Dallas.

BNP isn’t focusing exclusively on cap-intro, either. The firm is said to have several new hires on their way to the sales division, with additional salesman expected to join throughout the year. More new hires are expected when BNP expands its sales effort from the U.S. to Europe.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Quattrex Sports AG Debuts Soccer-Focused UCITS Fund

Sep 9 2016 | 9:54pm ET

Innovative alternative investment company Quattrex Sports has unveiled a new UCITS...

Guest Contributor

Malik: The Ever-Changing Middle Market and The Entering Class of 2016

Sep 2 2016 | 5:01pm ET

Deal sourcing and origination is only going to get more competitive given current...