Wednesday, 27 August 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.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...