The expected introduction of third-party securities clearing next year will coincide with the expansion of the asset management sector, says BNP Paribas.
Tag : broker-dealer
BNP Paribas maintains that attitudes around third-party clearing are shifting, despite a low uptake by brokerages.
The launch widens HSBC's footprint in the lucrative market for third-party agency clearing services in Asia.
Ex-Deutsche executive Nico Torchetti will develop services for HSBC’s burgeoning third-party agency clearing business.
