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

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR