People News: BNP Paribas, Deutsche Bank

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Benjamin Hammond, a credit derivatives structurer at BNP Paribas, has left the bank.

Bloomberg News reports that Hammond, who was based in London and whose responsibilities included creating credit-linked notes, departed on August 7, according to his registration with the U.K.’s Financial Conduct Authority. He began working at BNP Paribas in 2005, the FCA register shows.

In the meantime, Reuters reports that Citigroup has hired former Deutsche Bank executives Simon Kempton and Daniel Caplan for top roles at its unit that provides services to hedge funds in Europe, the Middle-East and Africa, an internal memo seen by Reuters showed.

Kempton is joining as EMEA head of prime finance, while Caplan will take over as EMEA head of investor services sales, the memo, sent to staff on Tuesday, showed.

BNP Paribas Credit Derivatives Structurer Hammond Leaves Lender

Citi taps Deutsche Bank execs for top prime brokerage roles - memo

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