BNP Paribas Expands Its Foreign Exchange Presence in the US

Marketwired

NEW YORK, NY--(Marketwire - Nov 9, 2012) - BNP Paribas Corporate and Investment Banking (CIB) announced today the addition of three members to its foreign exchange team in New York, confirming the bank's commitment to its North American clients.

Julia Sands joins the FX institutional investor sales team, where she is tasked with building the institutional investor FX business. Julia will be focused on expanding and deepening BNP Paribas' relationships with targeted investors. She comes to BNP Paribas from Morgan Stanley and brings with her strong, long-standing client relationships and a proven pedigree in this space.

Julia will report to Debra Solomon and Sue Evans, co-heads of FX institutional investor sales.

Andy de Phillips joins the FX Asset Manager sales team. Andy has more than 20 years' experience covering institutional clients as a FX sales professional. He brings excellent client relationships and broad market knowledge to help grow BNP Paribas' presence with US Asset Managers. Andy joins BNP Paribas from Credit Suisse where he spent the last 10 years. He will report to Wendy Rosen, Head of FX Asset Manager sales.

Vasili Serebriakov joins the FX Strategy team in NY. Vasili brings over six years' experience analysing the G10 and Emerging Currency markets. Most recently, Vasili was at Wells Fargo where he provided strategy coverage to Corporate and Institutional clients. Previously, he was a Senior Analyst with the economic consultancy 4Cast. Vasili will report to Steven Saywell, Global Head of FX strategy, who is based in London.

"In support of our strategy to expand our overall fixed income flow capabilities, these additions are in line with our growth plans for BNP Paribas' US Foreign Exchange group, and will help us achieve our goal of being a leading global FX provider with our target Institutional client base," said George Nunn, Head of FX and Emerging Markets Sales, North America.

Francisco Oliveira, Head of Americas FX & FX Hybrids Trading added: "Strengthening our FX platform in this way will enable our US clients to benefit from deeper emerging market and G10 research and trading expertise locally, whilst simultaneously benefitting from BNP Paribas' broader global network."

About BNP Paribas Corporate and Investment Banking:
BNP Paribas Corporate and Investment Banking employs around 20,000 people in over 50 countries and services 14,000 corporate and institutional clients worldwide.

BNP Paribas CIB excels in:
Derivatives - where it is one of the leading global players in rates, credit, forex, commodity and equity derivatives
Capital markets - where it is one of the top European houses in both ECM and DCM (bond, securitization, convertibles and equity issuance)
Structured finance - where it is amongst the leaders in acquisition, export, project, energy and commodity finance globally
www.cib.bnpparibas.com

About BNP Paribas
BNP Paribas (www.bnpparibas.com) is one of the best rated banks in the world. The Group has a presence in more than 80 countries and more than 200,000 employees, including more than 160,000 in Europe. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across the Europe-Mediterranean zone and boasts a large network in the western part of the United States. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia.

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