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.
Tag: BNP Paribas
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.
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.