Welcome!

Mobile IoT Authors: Stackify Blog, Liz McMillan, Elizabeth White, Mauro Carniel, Rostyslav Demush

News Feed Item

BNP Paribas Adds to High Yield and Loan Sales, Trading & Analysis Capabilities

Bolsters US High Yield Platform and Expands European Leveraged Credit Secondary Capabilities

NEW YORK, NY -- (Marketwire) -- 11/19/12 -- BNP Paribas Corporate & Investment Banking (CIB) has recently added to its secondary High Yield and Loan capabilities with hires in the United States and Europe.

In the United States, Jack Gill and Chris Savinelli, previously at Citadel Securities, join as Managing Director and Director, respectively, on the High Yield Sales desk, reporting to Kevin Cook, Head of High Yield Credit Sales; Kurt Krestinski joins the High Yield Trading desk from Nomura as a Managing Director, reporting to Mike Dowdell, Head of High Yield Trading. These new hires follow the enhancement of BNP Paribas' analytical capabilities with the addition earlier in the year of three High Yield credit sector specialists: Lori Pomerantz, Murali Ganti and Shachar Minkove. Lori joined from Macquarie and covers Paper and Packaging; Murali joined from Nomura and covers Healthcare; Shachar joined from JP Morgan and covers TMT.

In Europe, Thomas Deininger, Laetitia du Bocage, Paul Mehta, and Jonathan Oakley join the Leveraged Credit Sales & Trading desks, part of plans to offer clients access to Loan Trading services alongside existing fixed income products. The Leveraged Credit Sales & Trading desk is a primary and secondary institutional sales, trading and analysis business. In addition, Julien Raffelsbauer joins the High Yield Analysis team as a Senior High Yield Sector Specialist covering Transportation, Shipping, Travel & Leisure and Business Services.

Mr Deininger and Ms du Bocage join from Morgan Stanley and Mr Mehta from Bank of America Merrill Lynch; all three will report to Robb McGregor, Head of Leveraged Credit Sales, based in London. Mr Oakley joins as a loan analyst from E. Öhman, the Scandinavian high yield fund manager and reports to Robert Lepone, Head of Leveraged Credit Trading, also based in London. Mr Raffelsbauer joins from Observatory Capital Management, reporting to Jean-Yves Guibert, Head of European High Yield Sector Specialists.

Commenting on the appointments, Kip Testwuide, Co-Head of Fixed Income, Americas, said, "As we continue to build our platform in the US, investing in our secondary High Yield capabilities enables us to provide US institutional investors with access to a wide range of leveraged credit products from around the globe."

In London, Benjamin Jacquard, Global Head of Credit Trading, said, "These appointments in our Leveraged Credit secondary platform at BNP Paribas are key additions to our existing capabilities, enabling us to provide trade ideas and risk management for clients across the capital structure, within and between sectors and in public and private companies."

Al Sinsheimer, Head of the Institutional Client Group, EMEA, said, "Originating High Yield and loan assets has been part of our overall origination platform for some time but, as a result of these hires, we are now stronger in the distribution and secondary trading of those assets which will support more cross-regional flow for our clients."

Notes to editors:
Kurt Krestinski joins BNP Paribas from Nomura, having spent the last 15 years trading and managing High Yield assets at various firm. He began his career at UBS Asset Management, where he was a Research Analyst and Co-Portfolio Manager of $2.5 billion in High Yield and Convertible assets. In 1999, Kurt moved to the sell-side at Bank of America, where he spent 10 years trading High Yield cash and CDS in the Telecom, Broadcasting, Publishing, Cable and Retail sectors. Over the past five years, Kurt held positions in High Yield Trading at Jefferies, Citadel Securities and Nomura.

Jack Gill has over 20 years' experience in leveraged finance and has worked in a variety of roles in research, sales, and trading over that time. He began his career as an analyst in the High Yield Research group at Credit Suisse. At Merrill Lynch, where Jack spent 14 years, he held positions in both High Yield Sales and Trading and was a top producing High Yield salesperson for his last five years there. In 2009, he was recruited to the newly formed, Citadel Securities, where he helped build the Credit business and co-run Leveraged Finance Sales.

Chris Savinelli worked at Moody's, Wasserstein Perella, Morgan Stanley, and Citadel Securities in both Sales and Research roles prior to joining BNP Paribas. At Moody's and Wasserstein, Chris covered several industries, including the telecommunications and auto industries. In 2002, he transitioned to sales at Wasserstein and continued his career in sales at Morgan Stanley, BTIG and Citadel Securities.

Thomas Deininger joins BNP Paribas from Morgan Stanley in the Loan Sales and Sourcing team, covering loan funds and banks based in Germany, Austria, Switzerland and Scandinavia. Prior to joining Morgan Stanley in London, where he worked for 8 years in a similar capacity, Thomas worked for Hypovereinsbank and Bear Stearns in London.

Laetitia du Bocage joins BNP Paribas from Morgan Stanley where she was a Vice President in the Leverage Credit team. She is a member of the High Yield Sales team covering the French and UK real money, hedge fund and CLO client base.

Paul Mehta joins BNP Paribas from Bank of America Merrill Lynch in the Loan Sales and Sourcing team covering loan funds and banks based in the UK. Prior to joining Bank of America Merrill Lynch, Paul was a loan portfolio manager at ABN Amro and Abbey National across Leverage Finance, Project Finance and Infrastructure portfolios.

Jonathan Oakley joins BNP Paribas from E. Ohman, a Scandinavian High Yield fund manager as a loan analyst on the credit trading desk covering performing and non-performing loans and bonds. Prior to joining E. Ohman, Jonathan worked on the buy-side as an analyst and portfolio manager with experience in fundamental credit analysis across a range of credit instruments, employing both long-only and long-short strategies. Jonathan began his career in 2002 as an analyst within Corporate Finance at Deutsche Bank in London.

Julien Raffelsbauer joins from Observatory Capital Management as a Senior High Yield Sector Specialist covering Transportation, Shipping, Travel & Leisure and Business Services. Julien covered a variety of sectors at Observatory Capital Management prior to which he was a High Yield Desk Analyst at Goldman Sachs for four years covering Shipping, Paper and Packaging, Transportation and Construction alongside Special Situations. Previously, Julien worked at JP Morgan, Société Générale and Banc of America Securities where he started in London in 2001.

About BNP Paribas Corporate and Investment Banking

BNP Paribas Corporate and Investment Banking employs around 20,000 people in over 50 countries and services 14,000 corporate and institutional clients worldwide.

BNP Paribas CIB excels in:

  • Derivatives - where it is one of the leading global players in rates, credit, forex, commodity and equity derivatives.

  • Capital markets - where it is one of the top European houses in both ECM and DCM (bond, securitisation, convertibles and equity issuance)

  • Structured finance - where it is amongst the leaders in acquisition, export, project, energy and commodity finance globally.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
In his session at 21st Cloud Expo, Carl J. Levine, Senior Technical Evangelist for NS1, will objectively discuss how DNS is used to solve Digital Transformation challenges in large SaaS applications, CDNs, AdTech platforms, and other demanding use cases. Carl J. Levine is the Senior Technical Evangelist for NS1. A veteran of the Internet Infrastructure space, he has over a decade of experience with startups, networking protocols and Internet infrastructure, combined with the unique ability to it...
"There's plenty of bandwidth out there but it's never in the right place. So what Cedexis does is uses data to work out the best pathways to get data from the origin to the person who wants to get it," explained Simon Jones, Evangelist and Head of Marketing at Cedexis, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"Cloud Academy is an enterprise training platform for the cloud, specifically public clouds. We offer guided learning experiences on AWS, Azure, Google Cloud and all the surrounding methodologies and technologies that you need to know and your teams need to know in order to leverage the full benefits of the cloud," explained Alex Brower, VP of Marketing at Cloud Academy, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clar...
Large industrial manufacturing organizations are adopting the agile principles of cloud software companies. The industrial manufacturing development process has not scaled over time. Now that design CAD teams are geographically distributed, centralizing their work is key. With large multi-gigabyte projects, outdated tools have stifled industrial team agility, time-to-market milestones, and impacted P&L stakeholders.
Gemini is Yahoo’s native and search advertising platform. To ensure the quality of a complex distributed system that spans multiple products and components and across various desktop websites and mobile app and web experiences – both Yahoo owned and operated and third-party syndication (supply), with complex interaction with more than a billion users and numerous advertisers globally (demand) – it becomes imperative to automate a set of end-to-end tests 24x7 to detect bugs and regression. In th...
"Akvelon is a software development company and we also provide consultancy services to folks who are looking to scale or accelerate their engineering roadmaps," explained Jeremiah Mothersell, Marketing Manager at Akvelon, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
"MobiDev is a software development company and we do complex, custom software development for everybody from entrepreneurs to large enterprises," explained Alan Winters, U.S. Head of Business Development at MobiDev, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5–7, 2018, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buye...
"IBM is really all in on blockchain. We take a look at sort of the history of blockchain ledger technologies. It started out with bitcoin, Ethereum, and IBM evaluated these particular blockchain technologies and found they were anonymous and permissionless and that many companies were looking for permissioned blockchain," stated René Bostic, Technical VP of the IBM Cloud Unit in North America, in this SYS-CON.tv interview at 21st Cloud Expo, held Oct 31 – Nov 2, 2017, at the Santa Clara Conventi...
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 22nd International Cloud Expo, which will take place on June 5-7, 2018, at the Javits Center in New York, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
"Space Monkey by Vivent Smart Home is a product that is a distributed cloud-based edge storage network. Vivent Smart Home, our parent company, is a smart home provider that places a lot of hard drives across homes in North America," explained JT Olds, Director of Engineering, and Brandon Crowfeather, Product Manager, at Vivint Smart Home, in this SYS-CON.tv interview at @ThingsExpo, held Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA.
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, discussed how from store operations and ...
It is of utmost importance for the future success of WebRTC to ensure that interoperability is operational between web browsers and any WebRTC-compliant client. To be guaranteed as operational and effective, interoperability must be tested extensively by establishing WebRTC data and media connections between different web browsers running on different devices and operating systems. In his session at WebRTC Summit at @ThingsExpo, Dr. Alex Gouaillard, CEO and Founder of CoSMo Software, presented ...
WebRTC is great technology to build your own communication tools. It will be even more exciting experience it with advanced devices, such as a 360 Camera, 360 microphone, and a depth sensor camera. In his session at @ThingsExpo, Masashi Ganeko, a manager at INFOCOM Corporation, introduced two experimental projects from his team and what they learned from them. "Shotoku Tamago" uses the robot audition software HARK to track speakers in 360 video of a remote party. "Virtual Teleport" uses a multip...
A strange thing is happening along the way to the Internet of Things, namely far too many devices to work with and manage. It has become clear that we'll need much higher efficiency user experiences that can allow us to more easily and scalably work with the thousands of devices that will soon be in each of our lives. Enter the conversational interface revolution, combining bots we can literally talk with, gesture to, and even direct with our thoughts, with embedded artificial intelligence, whic...
SYS-CON Events announced today that Evatronix will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Evatronix SA offers comprehensive solutions in the design and implementation of electronic systems, in CAD / CAM deployment, and also is a designer and manufacturer of advanced 3D scanners for professional applications.
Leading companies, from the Global Fortune 500 to the smallest companies, are adopting hybrid cloud as the path to business advantage. Hybrid cloud depends on cloud services and on-premises infrastructure working in unison. Successful implementations require new levels of data mobility, enabled by an automated and seamless flow across on-premises and cloud resources. In his general session at 21st Cloud Expo, Greg Tevis, an IBM Storage Software Technical Strategist and Customer Solution Architec...
To get the most out of their data, successful companies are not focusing on queries and data lakes, they are actively integrating analytics into their operations with a data-first application development approach. Real-time adjustments to improve revenues, reduce costs, or mitigate risk rely on applications that minimize latency on a variety of data sources. In his session at @BigDataExpo, Jack Norris, Senior Vice President, Data and Applications at MapR Technologies, reviewed best practices to ...
An increasing number of companies are creating products that combine data with analytical capabilities. Running interactive queries on Big Data requires complex architectures to store and query data effectively, typically involving data streams, an choosing efficient file format/database and multiple independent systems that are tied together through custom-engineered pipelines. In his session at @BigDataExpo at @ThingsExpo, Tomer Levi, a senior software engineer at Intel’s Advanced Analytics gr...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things’). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing? IoT is not about the devices, it’s about the data consumed and generated. The devices are tools, mechanisms, conduits. In his session at Internet of Things at Cloud Expo | DXWor...