When Yann Gérardin was toiling away on the fringes of the dealing room at pre-merger Banque Nationale de Paris, putting together an equity derivatives desk in the late 1980s, the prospect of being able to deploy a full-service equities franchise must have seemed far away. But now, as deputy chief operating officer of BNP Paribas and head of its corporate and institutional bank, he is about to preside over a radical change that he thinks will transform how the firm transacts with its equities clients.
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