SOURCE: BNP Paribas

BNP Paribas

January 12, 2011 14:33 ET

BNP Paribas Forms New Generalist and Middle-Markets Sales Team

NEW YORK, NY--(Marketwire - January 12, 2011) - BNP Paribas Corporate and Investment Banking is pleased to announce the launch of its new Generalist and Middle-Markets Sales team with the hire of Terry Salzer. Terry joins BNP Paribas in San Francisco as a director and reports to Mallory Brooks and Patrick McKee in New York and to Ken Austin in San Francisco. The team is expecting to hire an additional nine members by the end of Q1, 2011.

Terry will focus primarily on west coast clients including city, county and state money managers and corporate treasurers. Prior to joining BNP Paribas, Terry worked in the market for over 20 years in similar roles at Morgan Keegan, UBS, Lehman Brothers, Bear Stearns and J.P. Morgan. 

"Terry is the first hire into our new Generalist and Middle-Markets Sales team which we plan to build-out to 10 professionals across our New York, Chicago and San Francisco offices in the very near future," said Kip Testwuide, head of Origination & Distribution in the U.S. "This new team will help us to significantly broaden our account base especially for the distribution of cash products such as treasuries, agencies, mortgages as well as corporate bonds."

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

www.cib.bnpparibas.com

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

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    Megan Stinson
    Media Relations, New York
    212.841.3809