BNP Paribas’ securities services revenue rises 9.4% in Q3
Assets under custody/administration saw a marginal decline over the period, in line with industry peers.
Assets under custody/administration saw a marginal decline over the period, in line with industry peers.
Patrick Colle, head of securities services at BNP Paribas, details the successes of the custodian since its integration with the wider bank, tech launches and the importance of considered decision-making.
New hire will be responsible for developing new business opportunities in the fast-growing market.
The bank traded its first intraday repo on the platform last week, becoming the first European bank to join the network.
Securities Services makes above-average contribution to revenue growth.
Shortlist announced for annual Industry Leaders Awards which return to honour fund administrators and prime brokers through survey-related awards and Editors’ Choice categories.
In the next two years 34% of investors intend to incorporate ESG into at least 75% of their portfolios, showing an increased interest in ESG in investments as a whole.
BNP Paribas names new global head of prime services as it looks to finalise transition of Deutsche Bank’s prime brokerage and electronic equities clients.
All post-trade derivatives operations at BNP Paribas including reconciliation and post-trade processing will be managed by FIS under 10-year agreement.