BNP Paribas to pay €5.1 billion for AXA Investment Managers in trillion-dollar asset management JV
The pair of investment managers once combined would have a joint €1.5 trillion in assets under management.
Tag: BNP Paribas
BNP Paribas picks up execution-to-custody mandate from Swissquote
The agreement expands the existing relationship between the two firms, which includes execution for cash equity services.
BNP Paribas launches co-location services in Frankfurt via Cortex Listed platform
New development will provide reduced latency market access solutions as well as improved execution performance through new local infrastructure.
US regulators hand out historically high $550 million combined penalty for recordkeeping and supervision failures
SEC and CFTC hand out penalties to BNP Paribas, BMO Capital Markets and Wells Fargo among others.
BNP Paribas reports overall revenue increase in Q2, despite slowdown in FICC
The bank puts revenue growth down to “the strength of a diversified model”; net income saw an increase, up 16.4% quarter on quarter.
People Moves Monday: A string of senior banking appointments
The past week saw appointments from Citi, CIBC and Finbourne Technology.
BNP Paribas securities services data lead takes up product role at Finbourne
Appointment brings 25 years’ experience in data strategy from the likes of Citi, EY and IBM.
Barclays appoints new co-heads of G10 FX trading
New London-based heads have previously held positions at BNP Paribas, Deutsche Bank, and Goldman Sachs.
Derivatives
Carrot or stick? How the EU plans to reduce reliance on UK CCPs for derivatives clearing
Experts unpack the controversial proposal for active accounts on EU CCPs and what the outcome of the recent Memorandum of Understanding milestone could be.
Major sell-side banks lead $25.4 million funding round in FIA Tech
With the close of this round the total funding for FIA Tech is at almost $70 million.