New capital requirements, sustained low interest rates and falling commissions from derivatives trading have compelled the agency brokerage to readjust.
Tag : broking
The expected introduction of third-party securities clearing next year will coincide with the expansion of the asset management sector, says BNP Paribas.

Wins for Deutsche Bank and Morgan Stanley in the institutional categories of our prime broking poll.
David Gray, head of prime services at UBS for Asia-Pacific, discusses the resurgence of the hedge fund business.