Sameer Sopori has joined BNP Paribas as its head of high-yield capital markets, Asia-Pacific. He is based in Singapore and reports to Frank Kwong, head of syndicate for Asia, and Chanant Charnchainarong, head of fixed-income for Southeast Asia. He is tasked with developing the bank’s high-yield franchise across the region.
Sopori’s arrival comes at a surprising time the hiring window is closed at most firms and investment banks have been cutting back as opposed to hiring staff, including the recent announcement from UBS that it is winding down its fixed-income business. The cuts are mainly expected to affect the fixed-income trading side of the business, with a UBS source claiming it will not affect...