Latest News
- Derivatives Operations +
-
Securities Operations
+
- Affirmation, Allocation & Confirmation
- Back Office
- Buy-Side
- Case Studies
- Clearing
- Corporate Actions
- Data Management
- FX Operations
- Hedge Fund Operations
- Industry News
- Mergers & Acquisitions
- Middle-Office
- Operational Risk
- Ops Automation
- Outsourcing
- Private Markets
- Reconciliation & Exceptions
- Risk Management
- Sell-Side
- Settlement
- T+1 Settlement
- Diversity & Human Interest +
- FinTech Trends +
- Opinion +
- Performance Measurement +
- Regulation & Compliance +
- Industry News +
- FTF Media & Content Channels +
- FTF Bull Run Blog
France’s largest bank is shutting down its commodity derivatives trading desk in New York and is re-routing local trade orders to its London and Singapore desks.
French banking giant BNP Paribas will be closing down a U.S. commodity derivatives trading desk in New York and re-routing transactions to its London and Singapore desks, according to a source familiar with the situation. The shutdown, part of a streamlining effort for the global firm, will not impact the bank’s North American clients already...
Already a subscriber? Login here