BNP Paribas appoints Fox to head US agency lending
29 November 2023 US
Image: BNP Paribas
BNP Paribas’ Securities Services has appointed John Fox as head of US agency lending as part of the firm’s expansion to support the growth of its client base in the US.
Based in New York, Fox will drive Securities Services’ agency lending programme, helping clients to implement strategies for their lending needs.
Fox brings more than 25 years of experience in the financial and securities lending markets.
Most recently, he was head of client management and sales for North America at BNY Mellon. Prior to this, he held a 10-year tenure as head of US client services for Deutsche Bank.
Fox will report to Andrew Geggus, global head of agency lending, and locally to Laurent de Lattre, head of market and financing services for the Americas.
Alex King and Vincent Modica also join the Securities Services’ team as traders, bringing their experience in trading to the agency’s lending regional strategy.
Reporting to Fox, both King and Modica will work on lending equities and fixed income for agency lending funds, assisting in relationship management for brokers and counterparties.
The new additions will also work to identify product and business development opportunities.
Andrew Geggus, global head of agency lending, BNP Paribas, says: “We are delighted to reinforce our agency lending business in the US and I am very pleased John is joining us, as he brings experience with a best-in-class client service mentality.
“Alex and Vinny are also great additions, helping to develop the trading relationships we have in the US. Our agency lending programme is experiencing strong momentum, and between John, Alex and Vinny, they all bring a range of knowledge and skills that will further bolster our ability to support clients in the Americas.”
Based in New York, Fox will drive Securities Services’ agency lending programme, helping clients to implement strategies for their lending needs.
Fox brings more than 25 years of experience in the financial and securities lending markets.
Most recently, he was head of client management and sales for North America at BNY Mellon. Prior to this, he held a 10-year tenure as head of US client services for Deutsche Bank.
Fox will report to Andrew Geggus, global head of agency lending, and locally to Laurent de Lattre, head of market and financing services for the Americas.
Alex King and Vincent Modica also join the Securities Services’ team as traders, bringing their experience in trading to the agency’s lending regional strategy.
Reporting to Fox, both King and Modica will work on lending equities and fixed income for agency lending funds, assisting in relationship management for brokers and counterparties.
The new additions will also work to identify product and business development opportunities.
Andrew Geggus, global head of agency lending, BNP Paribas, says: “We are delighted to reinforce our agency lending business in the US and I am very pleased John is joining us, as he brings experience with a best-in-class client service mentality.
“Alex and Vinny are also great additions, helping to develop the trading relationships we have in the US. Our agency lending programme is experiencing strong momentum, and between John, Alex and Vinny, they all bring a range of knowledge and skills that will further bolster our ability to support clients in the Americas.”
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