BNP Paribas Exane Grows Global Team with Five Senior US Analyst Appointments
Sam has been with BNP Paribas Exane for eight years, and previously based in London where he was the Sector Head for Telecom Research.
BNP Paribas Exane, a leading provider of equity research and a unit of Europe’s leading bank BNP Paribas, today announces the appointment of five senior research analysts to its award-winning US analyst team, further aligning the bank’s global strategy and growth plans:
Moses Sutton is appointed to Head of Clean Energy Research and will lead the clean energy and infrastructure research team. Moses joins from Wellington Management where he covered global renewables. Previously, he was a research analyst at Barclays, where he built and led the #2-ranked Institutional Investor team in alternative energy. Moses holds a Bachelor’s degree in Music Composition from CUNY Brooklyn College and is a CFA charter-holder.
Sam McHugh is appointed to Head of Telecom Equity Research and will focus on growing the bank’s US telecoms and media coverage, while also taking on enhanced responsibilities as a global coordinator for telecom research. Sam has been with BNP Paribas Exane for eight years, and previously based in London where he was the Sector Head for Telecom Research. Sam has consistently been ranked the #1 European Telecom Services analyst by Institutional Investor. Prior to joining BNP Paribas Exane in 2015, he spent five years at Sanford Bernstein on the European telecom research team. Sam holds a Master of Mathematics from the University of York.
Stefan Slowinski is appointed to Global Head of Software Research, leading the coverage on large cap US software and internet stocks, and coordinating BNP Paribas Exane’s global technology research product. Stefan has been with BNP Paribas Exane for over six years, where he has consistently been ranked as a top European Software analyst by Institutional Investor. Prior to BNP Paribas Exane, he was the Head of Research at Haitong Securities for Europe and LATAM, and Deputy Global Head of Equity and Credit Research at Societe Generale. He was also a Founder and Managing Partner of INOX Global Capital Management. Stefan has a Bachelor’s degree from the University of Pennsylvania and an MBA from the London Business School.
Andrew Buscaglia is appointed to Senior Analyst for US Industrial Technology, and will cover diversified industrial IoT applications, including automation equipment, instrumentation, and sensors. Andrew has been covering the industrials sector since 2011 and joins BNP Paribas Exane from Berenberg, where he was a Senior Analyst and US Industrials Sector Head. Prior to Berenberg, Andrew was a Senior Analyst at Credit Suisse, covering environmental services and industrial distribution. Previously, Andrew was a research associate on the semiconductor devices team at Canaccord Genuity. Andrew holds a Bachelor’s degree from Hamilton College.
Kevin Grundy is appointed to Senior Analyst for US Beverages and Household Products. Previously, Kevin was an Equity Research Analyst at Jefferies for over 10 years, and before that, he held a similar position at Morgan Stanley. Kevin also worked at JP Morgan and UBS as an Equity Analyst for over 4 years combined. He holds a BS in Accounting from University of Scranton and an MBA in Finance from Rutgers University. Kevin was also runner-up for the 2023 Institutional Investor poll for his views on the sector.
Moses, Sam, Stefan, Andrew and Kevin all report to Michael Rietbrock – BNP Paribas Exane’s Director of Equity Research, Americas.
Adil El Batji, Head of Global Equities in the Americas at BNP Paribas, said: “We are focused on being the leading European bank for our global clients and offering new and innovative services to help them in the current marketplace. Today’s appointments deliver on this ambition and are also another step in building out our BNP Paribas Exane US Research. Global Equities continues its growth story in the US by providing clients a full value chain across research, financing, execution and derivatives.”
Michael Rietbrock, BNP Paribas Exane’s Director of Equity Research, Americas: “We welcome Moses, Sam, Stefan, Andrew and Kevin to the US BNP Paribas Exane team. It’s an exciting time to join the platform and their contributions will further expand our global equities offerings to institutional clients. We’re very proud to have such talented analysts and look forward to offering BNP Paribas Exane’s unrivalled services to our clients.”
In addition to the new hires, BNP Paribas Exane plans to expand its coverage from 275 U.S. stocks today to over 500 U.S. stocks by 2025, with an initial focus on the Technology, Media, and Telecommunications (TMT), Consumer, Healthcare and Industrials sectors. This expansion of U.S. stocks coverage is supported by the bank’s ambitious plans to grow the number of analysts, sector specialists, traders, sales traders and salespeople it employs. BNP Paribas Exane today covers over 966 stocks globally.
In 2021 BNP Paribas acquired 100 percent of Exane following a successful 17-year partnership and in November 2022, BNP Paribas launched BNP Paribas Exane in the US. The bank has since aligned BNP Paribas Exane’s offering with its leading Global Markets platform.
BNP Paribas Exane has been ranked the #1 industry research provider in Europe for seven consecutive years by Institutional Investor. In addition to best-in-class equities research, clients will continue to benefit from the bank’s top-tier electronic execution and prime brokerage platforms migrated from Deutsche Bank, its state-of-the-art execution platform driven by Cortex Equities, the referral arrangement for Credit Suisse Prime Services customers, and well-recognized equity derivatives expertise developed over 30 years.
About BNP Paribas Exane
Exane was founded in 1990 with a robust business model built around three complementary business lines: Cash Equities (BNP Paribas Exane); Structured Solutions (Exane Solutions); and Asset Management (Exane Asset Management). The group expanded internationally in order to be as close to clients as possible, with Paris and London as its main offices. Over 800 employees are now spread across nine sites worldwide: Paris, London, Frankfurt, Geneva, Madrid, Milan, Stockholm, New York and San Francisco. After a successful 17-year partnership with BNP Paribas, Exane became a subsidiary of BNP Paribas in July 2021.
About BNP Paribas
BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 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.
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