BNP Paribas has hired a prime brokerage executive from Bank of America, whose prime brokerage business it bought two years ago.
Chris Innes, who actually left BofA two years before it sold the prime brokerage business, will serve as head of equity sales for the Americas. Among his responsibilities will be prime brokerage sales, as well as stocks, equity derivatives and convertibles, Reuters reports. He starts his new job next week.
Innes previously oversaw the BofA prime brokerage business, as well as its equity derivative sales and trading operations.
He succeeds Aaron Ford, who resigned from BNP Paribas last week.