Bloomberg News

BNP Paribas Head of Flow Credit Trading Epstein Has Left Bank

March 27, 2012

Jared Epstein left BNP Paribas (BNP) SA after serving as head of flow credit trading for more than two years, a bank spokeswoman said.

Epstein, who was appointed to the position in June 2009, previously worked for eight years at Morgan Stanley, where he was a managing director in market-making and proprietary trading, according to his BNP Paribas biography. Earlier, he worked for Lehman Brothers Holdings Inc. in structured credit trading. Megan Stinson, a spokeswoman for BNP Paribas in New York, confirmed Epstein’s departure.

Flow credit trading is the business that serves as a middle-man on the most liquid types of credit, compared with proprietary trading or structured transactions.

Epstein didn’t return calls and text messages to his mobile phone for comment.

To contact the reporter on this story: Matthew Leising in New York at mleising@bloomberg.net.

To contact the editor responsible for this story: Alan Goldstein at agoldstein5@bloomberg.net.


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