BNP Paribas Corporate and Investment Banking (CIB) announced hires to its now expanded merchant banking group.
Keith Murray and David Sommer will lead two new leveraged finance teams in New York. They will both join the team as managing directors and report to Bucky Khan, head of the merchant banking group in the Americas.
Murray has more than 20 years of middle market leveraged finance experience and was previously a managing director at Merrill Lynch Capital where he managed the Northeast sponsor finance team.
Meanwhile, Sommer has more than 15 years of experience and was previously a managing director in the financial sponsor and leveraged finance groups at JPMorgan and CIBC World Markets.
BNP Paribas' merchant banking group is part of the structured finance line of business within CIB.