BNP Names Petro FX Options Chief As Cooper Neff Buyout Is Completed

BANKS

After completing its acquisition of options and derivatives trading boutique Cooper Neff on January 1, Banque Nationale de Paris has appointed former Cooper partner Alec Petro head of global currency options, based in Paris. Global treasury and financial markets head Philippe Bordenave says Petro fills a job that has been vacant since last March in anticipation of the Cooper deal.

Petro, who reports both to treasury and FX director Albert Bossuet in Paris and to the new derivatives group heads

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