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BNPP is rebuilding strength in advisory in France
I thought the grass would be greener in fintech land, but it’s patchy and dreary
Years of underperformance are behind it and the bank has launched a new growth plan
Equity market bodies try to pre-empt regulator's July consultation and consolidated tape decision
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The Swiss bank has promoted Hiroshi Udagawa and Hirofumi Takaku as its new co-heads of equities, two months after the departure of former head Trevor Hill. -
BNP Paribas reported weak full-year earnings on Thursday, with an unexpected provision wiping out much of the firm’s profit for the last quarter. Underlying performance also disappointed investors, with the investment bank seeing an almost 25% decline in profits.
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The Monetary Authority of Singapore and the Singapore Stock Exchange have joint-released a paper that suggests several stock market changes.
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The region's primary equity issuance is being stymied by capital outflows and poor stock market performance. With a blackout period ahead of annual financial results also beginning, there could be few new deals until March.
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Ian Bedford, head of European commercial paper (ECP) at Royal Bank of Scotland in London, will retire from the European ECP market this winter, ending a 25 year long career, Euroweek understands.
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The investment bank was the most profitable part of the UBS empire in 2013, scotching suggestions about a possible spin-off, writes David Rothnie
