LONDON, March 28 (IFR) - BNP Paribas has appointed Matt Smith as head of a newly merged European high-yield and loans and distressed trading business, according to a source.
Smith previously headed the French bank's European loans and distressed trading and will take on Mike Wheeler's responsibilities. Wheeler was head of high-yield trading but left last week.
Smith will continue to report to Olivier Renart, global head of credit trading. (Reporting by Helene Durand, editing by Julian Baker)