Deutsche Bank deal could catapult BNP into Asia’s top prime brokers

A BNP Paribas SA logo sits on a sign outside a BNP Paribas bank branch in Paris, France, on Tuesday, July 18, 2017. BNP Paribas agreed to pay $246 million to settle Federal Reserve allegations that the bank failed to keep its currency traders from using electronic chatrooms to manipulate prices. Photographer: Christophe Morin/Bloomberg

BNP Paribas SA could gain a top-10 spot among prime brokers in Asia as a result of its agreement to back up and potentially assume control of the electronic trading and prime services of Deutsche Bank AG, according to Eurekahedge Pte.

Continue reading this story with a subscription to DealStreetAsia.


Contact us for corporate subscriptions at