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.
Tag: BNP Paribas
BNP Paribas and NatWest go live with CobaltFX’s Dynamic Credit solution for allocation of FX transaction credit
New solution will help the two firms manage credit exposures for their respective financial institutions, addressing ‘overly manual processes’.
People Moves Monday: Weekly round up
The past week saw appointments from BNP Paribas, Citi, LSEG, Tradeweb, TS Imagine and Qube Research & Technologies.
People Moves
BNP Paribas strengthens equities unit in London with hire of Credit Suisse risk arbitrage team
The appointments are part of the diaspora from the Swiss bank following its forced merger with rival UBS Group.
Bloomberg AIM selected by BNP Paribas to bolster post-trade workflows
Integration will help support efficient trade management, alongside reducing manual touchpoints, post-trade risk and costs.
BNP Paribas’ revenues soar to €50.4 billion in 2022
In the bank’s 2022 earnings, it also reported an increase in net income of 7.5% year-on-year, alongside promising figures within its global markets division.
BNP Paribas continues US expansion plans with new Miami office
New hub will support the growth of the firm’s global markets business in the US and the growing number of clients within the South Florida area.
People Moves Monday: Swaps and (moving) forwards
BNP Paribas, Coremont, Morgan Stanley and TORA all saw new additions and departures this week.
BNP Paribas EM rates and FX trader departs for Morgan Stanley in similar role
New vice president in EM rates and FX trading has previously served across BNP Paribas, UniCredit and Expat Capital.
Former Citi and Morgan Stanley trader joins BNP Paribas’ EU single stock trading team
Incoming trader joins three other hires into the single stock team in the last year as it looks to bolster its offering in the space.