BNP Paribas Adds Executive

Jun 30 2006 | 8:40pm ET

BNP Paribas has appointed Matthew Flannery to serve as director on the customer equity finance trading desk. In his new role, Flannery will help grow BNP Paribas' customer equity swaps and synthetic prime brokerage business. He will report to the head of equity finance customer trading in the Americas, who has not yet been named.

Flannery joins BNP Paribas from Deutsche Bank, where he has worked for the last eight years, most recently as a senior trader on the equity finance platform. He was responsible for facilitating hedge funds for equity swaps and other synthetic financing products.

Todd Steinberg, head of equities and derivatives in the Americas at BNP Paribas said, "We are AA rated, have a $1.3 trillion balance sheet and have excellent hedge fund relationships. Given these strong capabilities, we are committed to building a robust customer equity swaps and synthetic prime brokerage business."


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...