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BNP Paribas shutters outsourced trading for external clients

City Correspondent

Major lenders are reviewing how they work for third-party fund houses

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BNP Paribas is shutting its outsourced trading business to external clients in the latest retreat by a large bank from the sector, 

The French bank is terminating its outsourced trading services for outside asset managers, according to people familiar with the matter.

French bank joins UBS in retreat from the sector

Lars Mucklejohn

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47qQRjkHOf0imlfXc70cZ4bgozOq9QJo2P4GGF/953hADO42Rx1v32x3qtEoQXXMK8w8BuBZJgtJYYyAkzoutkNjSZaduUuHvZHhiMQZMsB1Y6oG3D65qm/Y6zl8y1b43PsbTxqkYrlP84WXB5KDkll932wxDp+FyungB0EsBRtVSPFEEviD4ZFrE7VejxsynX+n0lUmJ7EC2f+EXW/nZSBq4YOc6G+HPxKSCMFtDiZOJmgi2bYXF6hasKAtW4E=

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