The firm will merge Group-of-10 rates trading unit with FX, EM rates and commodities desks into a new global macro division
Shares of BNP Paribas have declined about a fifth from a high reached in August
In the long term, the bank aims to connect customers with 50 wallets worldwide
Countries have also bypassed US to trade with one another in view of tariff risks
Countries have also bypassed US to trade with one another in view of tariff risks
Countries have also bypassed US to trade with one another in view of tariff risks
October economic data, including a contraction in exports and a further slowdown in retail sales, point to a tougher fourth quarter, analysts...
The three entities will have a combined capital of 11.3 billion yuan
Beijing is trying to cultivate first-class domestic investment banks capable of standing up to global heavyweights
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