Sunday, 24 May 2015
Last updated 2 days 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.
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…