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BNP Paribas Appoints Jonathan Cooper and George Steelman to Its Credit Trading Business in New York.


NEW YORK New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 -- BNP Paribas is pleased to announce the appointments of Jonathan Cooper and George Steelman to its credit trading business. They are based in New York and report to Mark Alexandridis, Head of Credit Trading, North America.

Jonathan joins the firm as a Managing Director and head of the US-based credit repo Repo

An agreement in which one party sells a security to another party and agrees to repurchase it on a specified date for a specified price. See: Repurchase agreement.


repo

See repurchase agreement (RP).
 business. He joins from Deutsche Bank in New York where he has worked since 1999 managing the emerging markets finance desk. Prior to that, he spent 3 years as a Managing Director at Bankers Trust Alex Brown where he founded and managed the Latin American emerging markets repo desk. Before that he worked at both JP Morgan and UBS UBS Union Bank of Switzerland
UBS United Bible Societies
UBS United Blood Services
UBS United Buying Service
UBS Used Bookstore
UBS University Business Services
UBS Universal Building Society (UK)
UBS Ulaanbaatar Broadcasting System
.

George joins as a Director and a senior credit trader. He joins the firm from Commerzbank in New York where he was Head of Fixed Income Trading since 2001. Prior to that, he spent seven years at American General Investment Management.

Commenting on the appointments, Mark Alexandridis said, "These appointments are a reflection of BNP BNP B-type natriuretic peptide, brain natriuretic peptide Physiology A 32-residue peptide hormone produced predominantly in the ventricles, secreted in response to fluid overload–eg, CHF. See Atrial natriuretic peptide.  Paribas's continued growth of our U.S. credit trading business. Both hires bring extensive expertise to an already successful trading platform."

About BNP Paribas

BNP Paribas (www.bnpparibas.com) is a European leader in banking and financial services, with a significant and growing presence in the United Sates and leading positions in Asia. The most profitable bank in the Euro zone, it has a presence in 85 countries with 89,400 employees. The group enjoys key positions in Corporate and Investment Banking, Private Banking & Asset Management, Insurance, Securities Services and Retail Banking.

BNP Paribas provides a full array of financial products through a portfolio of brands that cover a variety of distribution channels. With offices in New York, BNP Paribas in North America offers a broad range of corporate, investment banking and securities brokerage activities. With locations in all the major corporate and financial centers across the United States and Canada, BNP Paribas in North America serves a world-class client base of multinational corporate and mid-cap companies, major issuers and institutional buyers. As a registered NYSE NYSE

See: New York Stock Exchange
 member, NASD NASD

See: National Association of Securities Dealers


NASD

See National Association of Securities Dealers (NASD).
 broker-dealer and member of SIPC (Simply Interactive PC) An earlier umbrella term from Microsoft and Intel for a PC that works like a home appliance. For example, it has a sealed case, uses external connectors for expansion and boots in just a couple of seconds. , BNP Paribas Securities Corp. trades and markets a vast array of global and domestic fixed income and equity products.
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Publication:Business Wire
Date:Apr 19, 2005
Words:369
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