JP Morgan, Citi and BNP Paribas go live with CLS blockchain netting platform
FX settlement provider CLS has added three major investment banks to its blockchain-based netting platform, with nine institutions now live on the service.
Tag: BNP Paribas
Deutsche Bank transition to cost BNP Paribas €100 million in prime brokerage restructure
BNP Paribas CEO Jean-Laurent Bonnafé says Deutsche Bank prime brokerage business transition is proceeding very swiftly, with restructuring costs expected to reach €100 million this year.
US banks dominate European fixed income market share
JP Morgan nabs top market share in European fixed income, as e-trading grows to 45% of overall trading in the market in 2019.
BNP Paribas plans launch of FX trading engine in Singapore
BNP Paribas follows JP Morgan and Citigroup in establishing an FX pricing and trading engine in Singapore.
BNP Paribas senior European derivatives sales executive departs
James Rowe joined BNP Paribas from RJ O’Brien in 2015 to lead eSales across listed derivatives in Europe.
Deutsche Bank chief claims strong start to radical restructure
Christian Sewing says Deutsche Bank is ahead in some areas of implementing its transformation strategy, as it raises investment banking revenue expectations.
XTX Markets hires eFX client analytics head from BNP Paribas
Andrew Webber joins XTX Markets after just over two years with investment bank BNP Paribas.
November: The TRADE’s most read stories
The best of the month’s stories from The TRADE, including BNP Paribas, Ardevora, MiFID II, distributed ledger technology and Leaders in Trading 2019.
Equities
BNP Paribas gains approval for Deutsche Bank prime brokerage and equities deal
Deutsche Bank’s transition of prime and electronic equities clients to BNP Paribas moves forward after both banks receive approval for the deal.
BNP Paribas estimates €400 million revenue gain from Deutsche Bank deal
Deutsche Bank is transitioning its prime brokerage and electronic equities clients to BNP Paribas as part of a major restructure.