ABU DHABI/WAM On behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, H.H. ...
Read More »BNP equities trading resilient as its fixed income trails rivals
Bloomberg BNP Paribas SA’s resilience in equities helped offset declines at a key debt-trading business that under-performed Wall Street rivals. The Paris-based bank benefited from “good volumes†in derivatives and providing brokerage services to hedge funds, driving equities revenue to a three-year high. That contrasted with the FICC unit buying and selling bonds, currencies and commodities — its biggest trading ...
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