Sunday, 31 July 2016
Last updated 1 day ago
May 5 2011 | 10:45am ET
BNP Paribas has boosted its equities team in New York with the hire of two hedge fund veterans.
The firm's corporate and investment banking division announced five additions to that group. Two of them, Sebastian Boulan and Stefan Yurica, formerly worked at hedge funds.
Boulan, named head of event-driven sales, was senior arbitrage analyst at Colden Capital before joining Morgan Stanley, where he spent eight years, most recently as head of the special situations desk. Stefan Yurica spent time at Citadel Investment Group and JPMorgan Chase; now, he'll serve as a member of the derivative sales team focused on hedge funds.
"We are seeing significant opportunity for growth and increased interest in the event driven space," Matthew Moran, head of equity cash and listed derivatives sales trading in North America, said. "Clients have expressed interest in a single point of entry to the market, and given our global strength in derivatives and our growing cash equities business, we are able to make this possible by integrating our cash and derivatives products for our event-driven clients."