BNP Paribas Demonstrates Commitment to the Hedge Fund Community with the Appointment of a New Global Hedge Fund Relationship Manager.LONDON & 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 BNP Paribas (Euronext: BNP, TYO: 8665 ) is one of the main banks in Europe and France. It was created on 23 May 2000 through the merger of Banque Nationale de Paris (BNP) and Paribas. is pleased to announce the appointment of Talbot Stark, 40, to the newly created position of Global Hedge Fund hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long" Relationship Manager. In his role Talbot will optimize the firm's relationships across Fixed Income, Equity Derivatives In finance, an equity derivative is a class of financial instruments whose value is at least partly derived from one or more underlying equity securities. Market participants trade equity derivatives in order to transfer or transform certain risks associated with the and Commodities as well as BNP Paribas Peregrine, with the world's leading Hedge Funds. He will report to David Brunner, Global Co-Head of Fixed Income Client Origination Origination The process through which a mortgage lender creates a mortgage secured by some amount of the mortgagor's real property. Notes: Also known as loan origination, everyone must go through the origination process when securing a mortgage for a piece of real & Distribution, and Remi Frank, Global Head of Equity Derivatives Sales and will be based in London. BNP Paribas is already a significant counterpart to the Hedge Fund community and appointing Talbot reinforces the bank's commitment to developing mutually beneficial Adj. 1. mutually beneficial - mutually dependent interdependent, mutualist dependent - relying on or requiring a person or thing for support, supply, or what is needed; "dependent children"; "dependent on moisture" relationships. Talbot will co-ordinate client coverage across Fixed Income, Equity Derivatives and Commodities ensuring that BNP Paribas effectively covers its hedge fund clients and is constantly developing its business in close alignment with their needs. Moving from his position as Head of Equity Derivatives Hedge Fund Flow Sales for BNP Paribas in London, and previously within Fixed Income sales, Talbot brings a wealth of relationships and knowledge of the hedge fund community to the role. Commenting on the appointment, David Brunner said: "With more than $1 trillion under management and a powerful force in the financial markets, Hedge Funds are a core client sector for BNP Paribas. We are confident that under Talbot's leadership 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' impact with Hedge Funds will continue to grow significantly." Also commenting on this, Remi Frank said: "Through its long-standing business in structured products, BNP Paribas has acquired an in-depth knowledge of the hedge fund industry and having a dedicated Hedge Fund client relationship manager we will further develop our leadership position in this industry on a global basis." About BNP Paribas BNP Paribas (www.bnpparibas.com) is a European leader in banking and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. , with a significant and growing presence in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and leading positions in Asia. The group has one of the largest international banking networks, a presence in over 85 countries and employs more than 110 000 employees, including approximately 80,000 in Europe. BNP Paribas enjoys key positions in its three core businesses: Corporate and Investment Banking, Asset management & Services and Retail Banking. About BNP Paribas Peregrine BNP Paribas Peregrine is the investment banking arm of BNP Paribas in Asia (ex-Japan), active in Equity Stock Brokerage, Primary Equities and cross-border Mergers and Acquisitions. In 2005, BNP Paribas Peregrine was rated the "Most Improved Broker" in the Asiamoney's 2005 Brokers' Poll, ranking 5th in the year's combined research and sales category. In its Primary Equity activity, BNP Paribas Peregrine was named, in 2005, the "Best Mid-Cap Equity House" by both The Asset Triple A Regional Awards and Finance Asia Achievement Awards. |
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