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BNP Paribas expands Equity Derivatives business in German speaking markets with three new hires

Published On 17.07.2007
London / Frankfurt – BNP Paribas is pleased to announce that it is expanding its equity derivatives flow and financing sales business in the German, Austrian and Swiss markets with a number of key appointments. Markus Wedel, 36, who started earlier this month, joins as Head of Equity Derivatives Flow & Financing Sales for Germany, Austria and Switzerland. Markus reports directly to Claudio d'Angelo, Head of Equity Derivatives Flow & Financing Institutional Sales in London for Europe and ME.

Markus brings extensive experience of the German market, joining from Credit Suisse in Frankfurt, where he was in institutional sales and responsible for equity flow derivatives. Before this, Markus worked for six years at Dresdner Bank.

Federico Ursino, 35, and Alexander M. Neumann, 29, also from Credit Suisse, join Markus to strengthen coverage in the German, Austrian and Swiss markets. Christian Schuetze, 28, who joined BNP Paribas in March from West LB, completes the team.

Commenting on Markus' appointment, Denis Frances, Global Head of Flow Sales said: ‘With the appointment of Markus and his team we are building a flow sales team dedicated to the German, Austrian and Swiss market. The hires represent a new building block in our strategic development for Flow activities which aims at having an exhaustive coverage of Europe, both in terms of geographies and client types. We welcome them to the bank.”

About BNP Paribas
BNP Paribas (www.bnpparibas.com) is a European leader in banking and financial services, and ranks among the world's top 15 banks by market capitalization. It has 150 000 employees, almost 120 000 of whom are based in Europe. The group occupies leading positions in three significant fields of activity: Corporate and Investment Banking, Asset Management & Services and Retail Banking. It is present in 85 countries and has a strong presence in all the key financial centres. Present throughout Europe, in all its business lines, France and Italy are its two domestic markets in retail banking. BNP Paribas enjoys a significant and growing presence in the United States and leading positions in Asia and in emerging markets.