Martin Egan: Euromarket stalwart

IN ADDITION

Fifty years of capital markets Jim Amine Samir Assaf Jean-Francois Astier Allegra Berman Mandy DeFilippo Jerry del Missier Bob Diamond Tyler Dickson Eric Dobkin Jim Esposito Peter Hancock Guy Hands Jeremy Isaacs Conor Killeen John McNiven Chris O'Malley Vikram Pandit Hans-Joerg Rudloff John St John Paul Tregidgo Matthew Westerman

Of all the jobs that have disappeared from the Eurobond market, they don’t come much more archaic-sounding than ‘position clerk’. Martin Egan, global co-head of primary and credit markets at BNP Paribas, knows all about it, however: it was his first job when he joined JPMorgan from school in 1982.

“My job was to sit on the edge of the trading desk, where 12 traders were working day and night, and make sure that at all times I had checked their positions. They would have their own trading blotters, they would produce a buy or sell ticket and I would have to tally those positions. Every day I would agree them with the traders and the settlement office.”

He was working with some formidable names at the time.