BNP Paribas expects Deutsche prime brokerage deal to

BNP Paribas SA expects its corporate and institutional banking division to continue to develop in 2021, bolstered by the implementation of the French banking group’s prime brokerage agreement with German peer Deutsche Bank AG,, Revenues at the group’s corporate and institutional banking, or CIB, division grew to €13,76 billion for the full year 2020, up by 13,9% from 2019,

Services au hedge funds : BNP Paribas veut profiter de la

Il y a deux ans, BNP Paribas avait conclu un accord avec Deutsche Bank en vue de développer son activité « prime brokerage », Michel Euler/AP/SIPA Michel …

BNP Paribas accelerates integration of Deutsche Bank prime

BNP Paribas has stepped up its integration efforts of Deutsche Bank’s prime brokerage and electronic execution business, with goals to become a top four prime broker, The French bank has said its migration plan to bring Deutsche Bank’s hedge fund clients onto its prime brokerage platform, as well as its electronic execution technology, is ‘on track’ and has not been impacted by staff

BNP Paribas et Deutsche Bank : l’intégration de la plate

11/06/2020 – Découvrez notre actualité sur BNP Paribas et Deutsche Bank : l’intégration de la plate-forme Prime Services et Electronic Equities profite à tous – La banque d’un monde qui change …

BNP Paribas said to suffer exits from legacy prime broking

The French bank acquired Deutsche Bank‘s prime broking business in 2019 and has spent the past few years migrating its clients, people and technology, Now that it’s done, there are rumors of senior departures from the legacy BNP team in New York City, BNP Paribas declined to comment for this article, but industry insiders have observed the apparent disappearance of up to ten members of the

BNP Paribas gains approval for Deutsche Bank prime

BNP Paribas has gained the necessary approvals to take on Deutsche Bank’s global prime brokerage and electronic equities clients, Both investment banks confirmed in a statement that following the approval, the deal is now unconditional, Deutsche Bank and BNP Paribas signed a master transaction contract in September after agreeing on a deal in principle in July, “This important …

Agreement between BNP Paribas and Deutsche Bank regarding

Following on from their preliminary agreement, BNP Paribas and Deutsche Bank have signed a master transaction agreement to provide continuity of service to Deutsche Bank’s Global Prime Finance and Electronic Equities clients, Under the agreement Deutsche Bank will continue to operate the platform until clients can be migrated to BNP Paribas,

BNP Picks Up the Pieces as Europe’s Banks Sever Hedge

BNP Paribas SA begs to differ, The French lender last week agreed to take on the hedge fund clients of Credit Suisse Group AG after the Swiss bank decided to exit the so-called prime brokerage business in the wake of $5,5 billion in losses from a single relationship, For BNP, it’s the third recent transaction to boost its equities unit and follows a similar deal with Deutsche Bank AG two

Why Deutsche Bank’s prime broking business was so special

Deutsche Bank‘s senior prime broking staff are still moving to BNP Paribas ahead of the full integration of Deutsche‘s prime brokerage into BNP Paribas, either later this year or in early 2022, Mayank Chawla moved to BNP in May 2021 according to his only recently updated LinkedIn profile, Chawla spent 13 years at Deutsche and was most recently global head of prime finance analytics, …

BNP Paribas appoints prime services head amid Deutsche

As BNP Paribas takes on Deutsche Bank’s prime brokerage and electronic equities clients, the bank has named its new head of prime services, By Hayley McDowell A managing director at Deutsche Bank has been appointed global head of prime services at BNP Paribas in a major milestone in the integration of Deutsche Bank’s prime brokerage and electronic equities business,

BNP Paribas to roll out new prime division this year

BNP Paribas has confirmed plans to launch an expanded prime services division once it completes the integration of Deutsche Bank’s prime brokerage and electronic execution business later this year, Speaking on its fourth quarter 2020 earnings call, the finance chief at BNP Paribas, Lars Machenil, said he expects the onboarding of Deutsche Bank’s hedge fund clients onto its platform to …

BNP Paribas et Deutsche Bank signent un accord sur les

23/09/2019 – Découvrez notre Communiqué de Presse sur BNP Paribas et Deutsche Bank signent un accord sur les activités de Prime Finance et d’Electronic Equities – La banque d’un monde qui change – BNP Paribas

Deutsche Bank Trades Its Prime Brokerage Plus 1,000 Jobs

Date de publication : sept, 23, 2019Temps de Lecture Estimé: 2 mins

Deutsche Bank Trades Its Prime Brokerage Plus 1,000 Jobs To BNP Paribas For Not Much And Nothing To Be Named Later , Feels like a fair swap, Author: Thornton McEnery, Feels …

Deutsche Bank agrees to transfer prime brokerage clients

Deutsche Bank has agreed to transfer key staff, clients and technology in its prime brokerage and electronic equities businesses to BNP Paribas, as part of the German lender’s wider overhaul of