BNP Paribas announces that it has now received all necessary approvals and completed the acquisition of 100% of Exane, thus raising its stake from the 50% previously held during a successful 17-year partnership.
This milestone represents a new chapter for both BNP Paribas and Exane, thanks to the strong collaboration and long-standing commitments from the teams of both firms.
We’ve completed the acquisition of 100% of Exane!
With Exane’s expertise in #cashequities & #derivatives, @BNPParibas can offer institutional investors & corporates a full suite of services & solutions on equities ? https://t.co/exXfHWnR2Q pic.twitter.com/NJXnmvmro5— BNP Paribas CIB (@BNPParibasCIB) July 13, 2021
Leveraging Exane’s expertise in cash equities (execution and research) and derivatives, BNP Paribas will be able to provide a full suite of services on equities to Institutional investors and Corporates worldwide, positioning the bank as a leading provider in Global Equities.
Source: BNP Paribas
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
As Technology Evolves, Asset Managers Adapt and Innovate
Citi Changes Organizational Structure
SEC Charges Virtu for Disclosures Relating to Information Barriers
ICE Futures Singapore Partners with CoinDesk Indices
Related articles
-
The Parliamentary Investigation Committee was also critical of FINMA’s relaxation of capital requirements
-
Cumulative trading revenue was $16.5bn in the third quarter.
-
Institutional money could soon pour into tokenized real world assets.
-
SG-FORGE demonstrated the technical feasibility of on chain interbank refinancing.
-
Group head Rui Fernandes outlines the benefits, and challenges, of shifting from standardized to custom.