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Report: Exane BNP Paribas poaches Deutsche Bank EMEA equity research head

Exane BNP Paribas SA hired Paul Reynolds, former Deutsche Bank AG head of equity research for Europe, the Middle East and Africa, for a yet-to-be determined senior position, the Financial Times reported Sept. 3, citing people familiar with the move.

Reynolds is expected to join Exane BNP Paribas later this year, the people added.

Meanwhile, Deutsche Bank said it named co-head of banking research, Kinner Lakhani, to succeed Reynolds, the FT reported.

Exane BNP Paribas is a joint venture between BNP Paribas SA and French investment bank Exane SA.