SG Corporate & Investment Banking has recruited Adam Harnetty from BNP Paribas to oversee its growing European high-yield research effort, following the departure of Julien Raffelsbauer, who left the bank last month after a year.

The hire of Harnetty, who will be a senior credit analyst and coordinate SG's European high-yield research, is in line with the French bank's efforts to expand its high-yield research team in Europe as a response to rapid development in the sector.