BNP Paribas agreed to take on Deutsche Bank's clients in July after the Tagged: BNP Paribas, Deutsche Bank, prime brokerage. Deutsche Bank Shifts Prime Brokerage to BNP With 1, Jobs. Donal Griffin Stay Updated With Business News On BloombergQuint. With the integration of the Deutsche Bank business, BNP Paribas is aiming to become the top prime broker in Europe, and potentially break into.
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And what of the much-publicized Prime Finance business? Osty said this shows that clients see the transition is progressing smoothly and they have confidence in the future integrated platform. All four are expected to eventually migrate to BNP Paribas once the sale is complete. Post first joined Barclays in with a focus on prime brokerage sales and hedge fund coverage, before taking on his most recent role in January They concluded that the integrated platform sends out a strong message that BNP Paribas' management is committed to this business - a message which will doubtless resonate with both current and future clients. Osty said that despite the Covid pandemic, the migration plan remains resolutely "on track". However, capital markets careers can be very long and fruitful despite changing firms.