BNP Paribas

Dealers tout dividends despite slide

The recent collapse in the value of dividends is a reminder of painful 2008 losses for dealers – but the industry says long positions will make money in any scenario short of catastrophe. Mark Pengelly reports

Banks departs BNP Paribas

BNPP's global head of forex and local market sales left the bank last week and is expected to leave the industry altogether after 24 years