Monday, 26 January 2015
Last updated 1 hour ago
Dec 8 2011 | 12:58pm ET
BNP Paribas' prime brokerage is not immune to the shake-up at the top of the French bank.
Several members of the bank's prime brokerage business have been laid off, HFMWeek reports. At least three account executives were let go, and BNP has also reduced the number of client services jobs.
The axed account executives are Lissette Figueroa, Jennifer Kirdahy and Michael McCarthy. Those cuts come as BNP has lost a few prime brokerage accounts, according to HFM.
All told, BNP has about 300 people employed in prime brokerage.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…