BNP Paribas said on Monday its corporate and investment banking group unveiled an official institutions coverage team for the Americas that will be headed by Timothy Bitsberger, a former U.S. Treasury Department official and treasurer of housing giant Freddie Mac.

Bitsberger joins BNP Paribas as managing director. He will create and lead the official institutions coverage team for the Americas in New York. Bitsberger will focus on the global needs of central banks, sovereign wealth funds, government agencies, government sponsored enterprises, and supranationals.

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