BNPP hires Europe hedge fund relationship manager from BarCap
French banking giant BNP Paribas has hired a senior hedge fund relationship manager from Barclays Capital.
Stephen Hale became Head of Hedge Fund Relationship Management Europe at BNP Paribas Corporate and Investment Banking on 26 April.
He is based in London and reports to Stefano Blotto, Head of BNP’s Investor Relationship Management team for Europe.
Hale moved from Barclays Capital after 11 years with the rival bank. His most recent role was similar to his new one at BNP, as Hedge Funds Relationship Manager. He was previously Head of Rates Sales for Europe and Global Head of Cross Product sales for Hedge Funds.
Yesterday, BNP Paribas Group announced a 14.6% in its net quarterly income to €2.62bn, beating first-quarter forecasts of €2.25bn.