|By Marketwired .||
|November 19, 2012 09:48 AM EST||
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.
Basho Technologies has announced the latest release of Basho Riak TS, version 1.3. Riak TS is an enterprise-grade NoSQL database optimized for Internet of Things (IoT). The open source version enables developers to download the software for free and use it in production as well as make contributions to the code and develop applications around Riak TS. Enhancements to Riak TS make it quick, easy and cost-effective to spin up an instance to test new ideas and build IoT applications. In addition to...
Jul. 31, 2016 12:45 AM EDT Reads: 2,041
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Jul. 30, 2016 11:30 PM EDT Reads: 1,337
CenturyLink has announced that application server solutions from GENBAND are now available as part of CenturyLink’s Networx contracts. The General Services Administration (GSA)’s Networx program includes the largest telecommunications contract vehicles ever awarded by the federal government. CenturyLink recently secured an extension through spring 2020 of its offerings available to federal government agencies via GSA’s Networx Universal and Enterprise contracts. GENBAND’s EXPERiUS™ Application...
Jul. 30, 2016 10:30 PM EDT Reads: 1,944
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 30, 2016 09:45 PM EDT Reads: 1,497
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Jul. 30, 2016 07:30 PM EDT Reads: 1,318
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 19th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world and ThingsExpo Silicon Valley Call for Papers is now open.
Jul. 30, 2016 07:00 PM EDT Reads: 2,777
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Jul. 30, 2016 05:00 PM EDT Reads: 1,311
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
Jul. 30, 2016 04:30 PM EDT Reads: 1,128
"My role is working with customers, helping them go through this digital transformation. I spend a lot of time talking to banks, big industries, manufacturers working through how they are integrating and transforming their IT platforms and moving them forward," explained William Morrish, General Manager Product Sales at Interoute, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 30, 2016 04:30 PM EDT Reads: 2,283
SYS-CON Events announced today that 910Telecom will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Housed in the classic Denver Gas & Electric Building, 910 15th St., 910Telecom is a carrier-neutral telecom hotel located in the heart of Denver. Adjacent to CenturyLink, AT&T, and Denver Main, 910Telecom offers connectivity to all major carriers, Internet service providers, Internet backbones and ...
Jul. 30, 2016 01:30 PM EDT Reads: 987
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
Jul. 30, 2016 11:30 AM EDT Reads: 1,416
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
Jul. 30, 2016 10:45 AM EDT Reads: 1,129
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
Jul. 30, 2016 10:15 AM EDT Reads: 1,530
ReadyTalk has expanded the capabilities of the FoxDen collaboration platform announced late last year to include FoxDen Connect, an in-room video collaboration experience that launches with a single touch. With FoxDen Connect, users can now not only engage in HD video conferencing between iOS and Android mobile devices or Chrome browsers, but also set up in-person meeting rooms for video interactions. A host’s mobile device automatically recognizes the presence of a meeting room via beacon tech...
Jul. 30, 2016 10:00 AM EDT Reads: 565
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
Jul. 30, 2016 10:00 AM EDT Reads: 2,192
It’s 2016: buildings are smart, connected and the IoT is fundamentally altering how control and operating systems work and speak to each other. Platforms across the enterprise are networked via inexpensive sensors to collect massive amounts of data for analytics, information management, and insights that can be used to continuously improve operations. In his session at @ThingsExpo, Brian Chemel, Co-Founder and CTO of Digital Lumens, will explore: The benefits sensor-networked systems bring to ...
Jul. 30, 2016 09:15 AM EDT Reads: 1,667
On Dice.com, the number of job postings asking for skill in Amazon Web Services increased 76 percent between June 2015 and June 2016. Salesforce.com saw its own skill mentions increase 37 percent, while DevOps and Cloud rose 35 percent and 28 percent, respectively. Even as they expand their presence in the cloud, companies are also looking for tech professionals who can manage projects, crunch data, and figure out how to make systems run more autonomously. Mentions of ‘data science’ as a skill ...
Jul. 30, 2016 09:00 AM EDT Reads: 649
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet a...
Jul. 30, 2016 08:00 AM EDT Reads: 805
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
Jul. 30, 2016 07:45 AM EDT Reads: 741
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
Jul. 30, 2016 07:45 AM EDT Reads: 2,434