BNP Paribas combines credit derivatives and bond trading

BNP Paribas has merged its credit derivatives and secondary credit bond trading businesses into a single unit to be headed by Farid Amellal.

The bank is reorganising its trading business, after a period of expansion in credit derivatives, in an attempt to boost revenues and improve its risk profile.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink