BNP Paribas accelerates integration of Deutsche Bank prime brokerage business
With the integration of the Deutsche Bank business, BNP Paribas is aiming to become the top prime broker in Europe and potentially break out as a top four global player.
Tag: BNP Paribas
BNP Paribas, UniCredit and Societe Generale clear first inflation swaps at Eurex
Eurex Clearing has cleared its first inflation swap transactions, with BNP Paribas, UniCredit and Societe Generale the first to submit trades.
BNP Paribas promotes veteran to global trading function head for asset management
Sophie Lugiez replaces Philippe Boulenguiez as head of global trading function at BNP Paribas Asset Management after 25 years with the French investment bank.
BNP Paribas gains execution services head from Deutsche Bank deal
Brian Fagen had previously spent nine years with Deutsche Bank, and recently joined BNP Paribas following the substantial prime brokerage deal between both banks.
BNP Paribas equity and prime services trading revenues collapse in first quarter
BNP Paribas suffers similar fate to Societe Generale as equities revenues plummet due to dislocation in hedges at height of coronavirus crisis.
BNP Paribas teams up with BlackRock to bolster front-to-back offering
Agreement between custodian and asset manager will include BNP Paribas using Aladdin to perform middle-office outsourced services.
Banks see demand for outsourced trading desks surge during pandemic
The global pandemic is likely to cause a spike in outsourcing and according to custodian banks the biggest trend so far has been towards their outsourced trading services.
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The best bad idea ever
Stock links and connects are highly contrived and usually unnecessary, but Richard Meyer finds out that when they are needed, they tend to work well.
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.
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.