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BNP Paribas Combines FX and Interest Rate Trading Groups

BNP Paribas has combined its FX and interest rate trading operations and has named Guillaume Amblard as global head of the new FX and interest rate trading group. Amblard was previously global head of interest rates options trading.

FrNLG©dNLG©ric Janbon, BNP Paribas’ global head of fixed income says that combining the bank’s strength in interest rate trading with its FX capabilities will improve the overall trading and risk taking activities in both markets.

“As a growing business with a global platform we are constantly seeking ways to improve our activities to achieve efficiencies and enhance what we can deliver to our clients,” he says

Christian Mundigo, previously head of European long term interest rate trading, will become head of US dollar interest rate trading and will relocate from London to New York. Mundigo will report to Amblard.

Also reporting to Amblard will be Henri Foch, global head of FX trading, Pierre Renom, global head of short term rates trading and Cyril Beuzit, global head of interest rates strategy. Amblard in turn will report to Janbon.

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