First senior hires at CAI-BFI

Thierry Sciard, previously head of fixed income at CAI, will be head of fixed income, which includes FX, for the new bank in Paris.

Joël Jeuvell will be head of capital markets for CAI-BFI with the assistance of Sciard. Jeuvell was formerly head of capital markets for Credit Lyonnais in Paris.

FX teams are likely to be announced in mid-September, said officials.

CAI restructured its FX operations in May, when former global head of FX Simon Eedle moved to New York to manage treasury. Eedle’s r