• 15 Nov 2011 at 2:06 PM

Layoffs Watch ’11: BNP Paribas

Cuts going down circa now.

“FYI, layoffs in BNP Paribas FI, prime brokerage, equities. Nationwide.”

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Comments (78)

  1. Posted by I'm a Dude | November 15, 2011 at 2:07 PM

    BNP is still around? who knew?

  2. Posted by sme | November 15, 2011 at 2:11 PM

    les incompetents…

  3. Posted by Horatio | November 15, 2011 at 2:14 PM

    I thought they made perfume.

    -MF Global Independent Contractor

  4. Posted by Beret | November 15, 2011 at 2:21 PM

    If by around you mean largest balance sheet in the world by assets, then yes.
    If by around you mean open for GBM business, then no.

  5. Posted by Mexi_Cant | November 15, 2011 at 2:26 PM

    Insider Trader!

  6. Posted by Mommy | November 15, 2011 at 2:30 PM

    If by assets you mean worthless Eurozone sovereign debt, then yes.

  7. Posted by Ignorantbastards | November 15, 2011 at 2:30 PM

    would having no guy at all managing the PIGS book better or worse than the current situation? you have 2hours to answer this question in a minimum of 500words and 5 graphs.

  8. Posted by J. Mora | November 15, 2011 at 2:33 PM

    Layoffs?!

  9. Posted by contango | November 15, 2011 at 2:50 PM

    indian wells!

  10. Posted by jeff | November 15, 2011 at 3:07 PM

    I'll show you mine if you show me yours.

    -Jeff Eries

  11. Posted by Anonymous | November 15, 2011 at 3:07 PM

    FI, prime brokerage, equities. What about admin?

    -DSK

  12. Posted by Anonymous | November 15, 2011 at 3:14 PM

    Not worthless. Undervalued.

    -JSC

  13. Posted by Optimus Quant | November 15, 2011 at 3:15 PM

    You can't fire me, do you know what schools I went to?

  14. Posted by Jim | November 15, 2011 at 3:16 PM

    MERDE!!

  15. Posted by Ignorantbastards | November 15, 2011 at 3:18 PM

    HAHAHA perfect comment for BNP… or SocGen …

  16. Posted by Commuter | November 15, 2011 at 3:23 PM

    I hear that Metro North is hiring. Conductor Raju has a nice ring to it…

  17. Posted by Guest | November 15, 2011 at 3:29 PM

    Well, If I were a frenchie and had watched the cleanup of Zuccotti park in the morning, I would have probably made of today the day I would decide to shower, just in case.

  18. Posted by BNP Paribas Analylst | November 15, 2011 at 3:44 PM

    OK OK I surrender!

  19. Posted by Guest | November 15, 2011 at 3:57 PM

    How can BNP Paribas layoff Nationwide workers?
    -UBS Reading Specialist

  20. Posted by Guest | November 15, 2011 at 4:00 PM

    Say what now?

  21. Posted by Guest | November 15, 2011 at 4:07 PM

    what now

  22. Posted by napoleon | November 15, 2011 at 4:49 PM

    someone had to pay for waterloo

  23. Posted by Sheep Luver | November 15, 2011 at 5:03 PM

    Is it zee Germans?

  24. Posted by list keeper | November 15, 2011 at 5:09 PM

    names, I need names dammit…..

  25. Posted by SocGen Fixed Income | November 15, 2011 at 5:39 PM

    I am a bond-trader on the EUR bond desk. Should I be worried? No one returns my calls.
    SocGen (former?) bond trader

  26. Posted by J COR | November 15, 2011 at 5:51 PM

    I heard that.

  27. Posted by A Gar | November 15, 2011 at 9:18 PM

    So does B of A

  28. Posted by Guest | November 15, 2011 at 10:33 PM

    The Nouveau KI :

    1) Collect at least 57% of your comp for up to 2 years from the mother of all nanny states
    2) Move out of your crappy Paris apartment
    3) Mont Blanc in winter
    4) Nice in summer
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  29. Posted by Ruh-roh | November 16, 2011 at 6:04 AM

    They're closing the Houston commodities office completely.

  30. Posted by UBS MD | November 16, 2011 at 9:59 AM

    At least they don't suck as much as UBS!

  31. Posted by F1Mikal | November 16, 2011 at 11:49 AM

    You can't lay me off…
    Do you know how many names I have?
    MY family has been in banking since banking started!

    (ugh)

  32. Posted by Sadly | November 16, 2011 at 12:20 PM

    They've been losing PB clients for a while now. Combine Euro-banks fears with mediocre management and voila, your Flan a Merde is ready, Monsieur!

  33. Posted by asian tiger | November 16, 2011 at 8:27 PM

    major cuts in bnpp hk office today and tomorrow

    thats what you get for giving usd loans below cof

    heard cs taiwan's entire sales & trading was disposed of 2 days ago

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