Global custodians are increasingly seeking to evolve their business models, which have traditionally centred on the back-office, to include front-office services.
Tag: BNP Paribas
Deutsche Bank agreement with BNP Paribas comes as bank plans to exit equities trading and to reduce its workforce by 18,000.
Walid Maaouni joined BNP Paribas in 2009 and has previously worked at Citi, Barclays and Goldman Sachs.
Vela has completed a connection of its Metro trading platform to the FIX order gateway at BNP Paribas.
Panelists at TradeTech FX USA agreed that the buy-side has a better grasp on how algos operate, but less so about the underlying liquidity.
The global markets business at BNP Paribas suffered a loss in the fourth quarter following a botched derivatives trade.
Major investment banks including Citigroup and JP Morgan sign up to use the Eurex clearing profit scheme for repo as Brexit looms.
BNP Paribas buy-side clients to receive independent transaction-cost analysis through Itarle Vision platform.
BNP Paribas and market maker GTS first entered into a partnership for US Treasuries in November last year.
Traders from JP Morgan, Barclays and Citi allegedly used chatrooms to rig benchmark exchange rates between 2007 and 2013.