BNP Paribas Hires Head of US Rates Strategy and Chief US Economist

December 09, 2024 at 09:05 AM EST

Key Hires Demonstrates Bank’s Mission to Further Strengthen Americas Client Franchise

BNP Paribas, the European Union’s leading global bank, announced today the appointment of Guneet Dhingra as Head of US Rates Strategy and James Egelhof as Chief US Economist for Markets 360™, the bank’s market strategy and economics division.

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Guneet Dhingra (Photo: Business Wire)

Guneet Dhingra has joined as Head of US Rates Strategy. He is responsible for BNP Paribas’ coverage of US rates products, including Treasuries, swaps, inflation, and volatility. Mr. Dhingra joins BNP Paribas after 16 years at Morgan Stanley, where he held numerous roles within the rates space, most recently as Head of US Rates Strategy. He has consistently been one of the top-ranked US rates strategists in the Institutional Investor survey, and he has been Wall Street’s top inflation strategist for the past five years running. Mr. Dhingra is based in New York.

James Egelhof has joined as Chief US Economist. He is responsible for BNP Paribas’ coverage of the US economy, including forecasting growth, inflation, and monetary policy. Most recently, Mr. Egelhof led fundamental global macro research at Jane Street. Before entering the private sector, Mr. Egelhof spent a decade at the Federal Reserve Bank of New York, where he led a quantitative multi-asset research team focused on monetary policy strategy and analysis of global markets. Mr. Egelhof is also based in New York.

Mr. Dhingra and Mr. Egelhof will report to Calvin Tse who is appointed Head of Americas Macro Strategy and US Economics, expanding his remit to include US economics.

John Gallo, Head of Global Markets Americas and Global Head of Institutional Client Group at BNP Paribas, said: “Guneet and James’ thought leadership and knowledge of US markets will be extremely valuable to the corporate and institutional clients and investors that we help navigate global markets. Their expertise aligns with our ambition to provide best-in-class insights and strategies for our clients. These additions underscore our commitment to deepening our capabilities in the US market and delivering value to our clients worldwide.”

Luigi Speranza, Head of Markets 360 and Chief Economist at BNP Paribas, said: “The appointments of Guneet and James will enhance our ability to anticipate and respond to market developments. They have the skills and experience to provide our clients with sharp insights into the evolving market landscape, reinforcing BNP Paribas’ role as a trusted partner in an increasingly complex global economic and market environment.”

Calvin Tse, Head of Americas Macro Strategy and US Economics at BNP Paribas, said: “We are excited to welcome Guneet and James to the Markets 360 platform. Their expertise will continue to strengthen our commitment to offer clients a holistic view of topics that matter most to them. We look forward to their contributions to our strategic goals and support our growth in the US market.”

About Markets 360™

Markets 360™ is BNP Paribas’ revamped Strategy & Economics division, aiming to provide institutional investors, including corporate clients, with top quality market views and thought leadership in a timely manner. Markets 360™ brings Strategy and Economics together in thematic notes across asset classes. Markets 360™ strives for its market insights to be evidence-based, building on quantitative and data analysis. Its unique offering is Quantitative DNA, Emerging Markets strength, Sustainability analysis, Credit expertise and Derivatives proficiency.

About BNP Paribas

BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 63 countries and has nearly 183,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability.