BNP To Expand Prime Brokerage

BNP Paribas plans a major expansion of its prime brokerage business, according to Sam Hocking, global head of prime brokerage sales, reports HFM Week.

BNP Paribas plans a major expansion of its prime brokerage business, according to Sam Hocking, global head of prime brokerage sales. Hocking said the French bank, which two years ago entered the sector with the acquisition of Bank of America’s equity prime brokerage, is looking to significantly increase the size of its prime brokerage sales staff and capital introduction personnel in London and Hong Kong.

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