Wednesday, 1 October 2014
Last updated 14 hours ago
Jul 27 2011 | 12:39pm ET
BNP Paribas has officially unveiled its global prime brokerage platform three years after buying Bank of America's prime brokerage business.
The French bank has spent those years expanding the former BofA unit's coverage from the U.S. to Europe and Asia. The growing platform now offers clients margin financing in 13 currencies and 31 markets.
"We wanted to come to market with a multifaceted platform that is global in nature and seamless in execution so we've designed it from the bottom up," Sam Hocking, head of global sales at BNP, said. "In looking at the bigger picture, we have created a platform that will anticipate the global needs of our clients."
BNP's prime brokerage, which already employs 350 people, plans to add staff in the U.S. Asia, and Europe over the court of the next year.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...