BNP Paribas has taken the number of people it has hired from Deutsche Bank to five in one week after adding two of the German bank's salesmen to its own workforce to boost its business with hedge funds.

Mike Murphy, a senior member of Deutsche Bank's equity finance sales team in London since 2001, and Yves-François Brogard, a prime services salesman to hedge fund clients, joined BNP Paribas at the start of the week.