Lance Wargo departs from BNP Paribas
12 April 2017 New York
Image: Shutterstock
Lance Wargo has left his role at BNP Paribas Securities Services, multiple sources have confirmed.
Wargo joined the bank in New York in 2013 to spearhead its securities lending push in North America.
Based in New York, Wargo was responsible for product development and operational strategy.
He joined the bank from Wells Fargo, where he spent 13 years, most recently as head of trading and investments for securities lending.
It’s not clear who will replace Wargo at BNP Paribas. William Mauer, who was drafted into Wargo’s agency lending team following his appointment in 2013, joined SmartStream last year.
Vice president Claire McKinlay Reilly and director and head of trading and investments Michael Saunders remain a part of the North American agency lending team at BNP Paribas.
Wargo joined the bank in New York in 2013 to spearhead its securities lending push in North America.
Based in New York, Wargo was responsible for product development and operational strategy.
He joined the bank from Wells Fargo, where he spent 13 years, most recently as head of trading and investments for securities lending.
It’s not clear who will replace Wargo at BNP Paribas. William Mauer, who was drafted into Wargo’s agency lending team following his appointment in 2013, joined SmartStream last year.
Vice president Claire McKinlay Reilly and director and head of trading and investments Michael Saunders remain a part of the North American agency lending team at BNP Paribas.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Securities Finance Times
