Thursday, 26 March 2015
Last updated 13 min ago
Jan 6 2010 | 12:13pm ET
With its eyes on a bigger slice of the currencies-trading pie, BNP Paribas has joined a trading platform targeted at hedge funds.
The French bank has become a prime bank on the EBS trading system, owned by brokerage ICAP.
“Joining EBS as a prime bank is an important part of BNP Paribas’ strategy to build out our prime brokerage offering,” Nathaniel Litwak, head of foreign exchange prime brokerage marketing at BNP, said. “Our ambition is to become a top five FX house globally and our prime brokerage business is a vital part of realising that ambition. Our current strength and potential for future growth in FX prime brokerage stems from factors including our strong balance sheet and a credit rating that makes us a particularly desirable counterparty.”
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…