Europe business plan eludes BNP Paribas

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From FinTech 11 December 2003

By PWM Editor

Now that the integration of Cogent is officially complete, BNP Paribas Securities Services must decide how best to respond to the rise of the wealth management industry. Roxane McMeeken reports.
The European arm of BNP Paribas Securities Services, under head of business development Tony Solway, is beginning to cast a beady eye over the continent’s fast developing private banking market.
BNPPSS, as it is known, holds around E1800bn in assets under custody and administers over 3400 funds. Like most securities services organisations, it has had the highest profile while in the midst of mergers and acquisitions.

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Europe business plan eludes BNP Paribas

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