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Industry news

Two new hires for BNP Paribas


29 March 2012 London
Reporter: Ben Wilkie

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Image: Shutterstock
Claire Gliddon and Valentina Crovato have joined the securities lending team at BNP Paribas.

Gliddon has been appointed senior equity lending trader, joining from Citigroup, where she held a similar role. Crovato, who has been appointed senior fixed income trader, moves from LCH. Clearnet, where she was responsible for the RepoClear clients. She also has trading experience, from her time at Mitsubishi UFG.

The appointments are part of BNP Paribas' strategy of expanding the team, although one trader did leave the company last year. Both women will report directly to Phil Shepley, global head of trading for securities lending.

"I'm delighted to welcome both Claire and Valentina to the team," said John Arnesen, head of agency lending product at BNP Paribas Securities Services. "Both have a wealth of experience - Claire has over 10 years trading experience at both Citi and at ABN Amro Mellon, while Valentina brings a view of the other side of the market, which gives us a holistic view of the requirements of borrowers, something that is as important as the needs of our clients.

"The market is fragmented, and the requirements of one counterparty to the next can be very different, which means we need to respond accordingly. Our new hires will complement the service we can offer."
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