BNP Paribas has hired Simeon Tsonev as currencies portfolio manager, a newly-created role within its emerging markets fixed income team.
Tsonev will be responsible for decisions regarding EM currencies, reporting to Bryan Carter, head of emerging markets fixed income at BNP Paribas, and be based in London. BNP Paribas hires global head...
December 'remains achievable'
Able to monetise its assets
Formal agreement set to be announced soon
Cash holdings continue to grow