Sources Say BNP Paribas to Close New York Commodities Desk -Bloomberg

Date : 01/15/2019 @ 4:46PM
Source : Dow Jones News
Stock : Bnp Paribas (QX) (BNPQY)
Quote : 23.95  0.075 (0.31%) @ 9:34PM

Sources Say BNP Paribas to Close New York Commodities Desk -Bloomberg

Bnp Paribas (QX) (USOTC:BNPQY)
Historical Stock Chart

1 Year : From Jul 2018 to Jul 2019

Click Here for more Bnp Paribas (QX) Charts.

--French bank BNP Paribas SA intends to close its commodities trading desk in New York, Bloomberg reported, citing "people familiar with the matter."

--BNP didn't comment on the matter, the report said.

--Bloomberg earlier reported the bank will shut Opera Trading Capital, its proprietary trading division.

--Employees of the division will be asked to help wind down operations, and some employees will be offered opportunities elsewhere in the organization, the report said.

 

Full story: https://www.bloomberg.com/news/articles/2019-01-14/bnp-paribas-is-said-to-shutter-u-s-commodities-trading-desk

 

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

January 15, 2019 11:31 ET (16:31 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Latest BNPQY Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....


No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts


Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.


NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.