BNP Paribas pares back Asia fund-linked business
BNP Paribas has cut back its Asian fund-linked derivatives business and institutional sales teams, culminating in the departure of Barry Lau – who headed both teams – at the end of last year. Lau was formerly Hong Kong-based executive director and head of fund derivatives marketing, Asia, for equities and derivatives.
The cutback in the fund-linked business is part of a global pull-back in this
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