Henri Foch (pictured), who was appointed by BNP PARIBAS to run financial institutions coverage less than seven months ago, is to retire from the bank at the end of the month. He will be replaced Jose Placido, who will take on the job in addition to his existing role as global head of client development and strategy. Previously deputy to Frederic Janbon, the former global head of fixed income, who saw his role eliminated when new corporate and institutional banking head Yann Gerardin took over last year, Foch only took up the job last November.
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