NEW YORK, NY--(Marketwire - August 4, 2010) - BNP Paribas Corporate and Investment Banking announced today that Matt Salvner has been appointed Head of Fixed Income Solutions for the Americas. Matt joins the bank from Morgan Stanley where he was Head of Capital Markets Products & Solutions. Prior to Matt's seven years with Morgan Stanley, he spent seven years on the Credit Derivative and Structured Finance teams at JP Morgan. Matt reports to Kip Testwuide, Head of Origination and Distribution of Fixed Income Products, Americas.
"The recent appointments to our Fixed Income business confirm our continued commitment to enhancing this leading platform and we are excited to have Matt on board to help with these efforts," said Testwuide. "Matt will lead the Solutions team working closely with the Credit and FX / Rates Structuring teams, and we are confident his expertise will help provide valuable products and advice to our clients."
BNP Paribas' Fixed Income Solutions Group is comprised of the Insurance Solutions Group, Bank Solutions Group, Corporate Solutions Group and the Advisory Team, all of which work with clients across the spectrum of fixed income products with a focus on managing risk, liquidity and capital issues arising on both the asset and liability sides of the balance sheet.
BNP Paribas Corporate and Investment Banking
BNP Paribas Corporate and Investment Banking employs over 20,000 people in over 50 countries and services 13,000 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, securitization, convertibles and equity issuance)
Structured finance - where it is amongst the leaders in acquisition, export, project, energy and commodity finance globally.
About BNP Paribas
BNP Paribas (www.bnpparibas.com) is one of the six strongest banks in the world* and the largest bank in the eurozone by deposits. With a presence in more than 80 countries and about 200,000 employees, including 160,000 in Europe, BNP Paribas is a leading European provider of financial services on a worldwide scale. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Retail Banking, the Group has four domestic markets: Belgium, France, Italy and Luxembourg. BNP Paribas is rolling out its integrated model across the Europe-Mediterranean zone and boasts a large network in the United States. BNP Paribas Personal Finance is the leader in consumer lending in Europe. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe and solid and fast-growing businesses in Asia.
*Rated AA by Standard & Poor's i.e. 3rd rating on a scale of 22.
Contact Information:
Press contacts :
Edwina Frawley-Gangahar
Media Relations, New York
+212.841.3719
Megan Stinson
Media Relations, New York
+ 212.841.3809