BNPP pushes disintermediation and clearing plan to 2016

BNP Paribas has put disintermediation at the heart of its 2016 strategy for the corporate and investment bank, and committed to “bolster debt platforms, in particular high yield”. It also plans to launch an integrated derivatives clearing platform for the first time, straddling CIB and Securities Services.
During an investor day on Monday, BNP Paribas highlighted its strength in euro denominated bonds and European syndicated loans. It said in the presentation that it has “critical mass in the capital market activities which will support the disintermediation of credit.”
Frederic Janbon, global head of fixed income, ...Already a subscriber? Login