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BNP Paribas co-head of trading unit steps down after weak third quarter

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BNP Paribas co-head of trading unit steps down after weak third quarter

BNP Paribas co-head of trading unit steps down after weak third quarter
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CHARLES PLATIAU(Reuters)
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PARIS (Reuters) - France's largest listed bank BNP Paribas <BNPP.PA> said on Monday that the London-based co-head of its foreign exchange, commodities and debt trading unit, Adrian Boehler, will step down, less than a week after the bank disclosed disappointing third quarter figures.

Boehler's co-head Francisco Oliveira will head the unit on his own. A bank spokeswoman said Boehler will remain in the bank, but she did not specify what his role will be.

BNP Paribas last week reported weaker than expected third-quarter revenue, dragged down by the performance of the trading unit.

(Reporting by Inti Landauro; Editing by GV De Clercq)

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