BNP Paribas is half-way through a five-year programme focusing on implementing digital initiatives across the group.
Tag: BNP Paribas Securities Services
BNP Paribas has made a number of senior appointments to its Asia-Pacific securities services team in recent months.
The French bank has made a number of senior recruitments with a focus on sales for UK and Middle East-based asset and alternative investment managers.
Setting up OFCs is said to save time and cost for managers establishing funds at other domiciles and distributing funds in Hong Kong.
BNP Paribas Securities Services has made four senior appointments to the sales team covering asset manager and alternative investment clients.
The French bank has identified hedge funds as a key growth target over the past year, being one of a small group of remaining bank-owned hedge fund administrators.
High-profile custody mandates and the implementation of new technology products helped drive second quarter revenues.
DWS will transfer its fund administration unit, which is predominantly based in Germany, to BNP Paribas.
The move marks the second successive appointment of one of Deutsche Bank’s former senior securities services members for BNP Paribas.