People Moves Monday: Candriam, BNP Paribas and JP Morgan
The past week saw appointments across equity trading, macro sales and electronic sales.
The past week saw appointments across equity trading, macro sales and electronic sales.
Individual has previously worked at Barclays Investment Bank, Lloyds Banking Group, and Morgan Stanley.
The past week saw key senior departures as well as new appointments across equities and trade execution.
Individual had been with BNP Paribas for over two decades in various roles across FX, commodities, and credit. New global FICC business line will be lead by Arne Groes.
The pair of investment managers once combined would have a joint €1.5 trillion in assets under management.
The agreement expands the existing relationship between the two firms, which includes execution for cash equity services.
New development will provide reduced latency market access solutions as well as improved execution performance through new local infrastructure.
SEC and CFTC hand out penalties to BNP Paribas, BMO Capital Markets and Wells Fargo among others.
The bank puts revenue growth down to “the strength of a diversified model”; net income saw an increase, up 16.4% quarter on quarter.
The past week saw appointments from Citi, CIBC and Finbourne Technology.