trending Market Intelligence /marketintelligence/en/news-insights/trending/WkJ6DsoGGdNq57wo-BH9TA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Report: BNP Paribas to move 75 commodity finance jobs to Geneva from Paris

StreetTalk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk – Episode 69: Banks left with pockets full of cash and few places to go

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good


Report: BNP Paribas to move 75 commodity finance jobs to Geneva from Paris

French banking group BNP Paribas SA is looking to relocate 75 commodity finance jobs to Geneva from Paris to consolidate its specialized trade solutions team focused on Europe, the Middle East and Africa, Reuters reported, citing sources with knowledge of the matter.

The move comes at a time when commodity finance divisions across the banking industry have struggled to improve their profitability amid weak oil prices and price volatility hurting clients in 2018, the newswire reported.

BNP Paribas' commodity finance division has been focusing on small and midsize trading firms instead of major global players ever since it cut its operations after it was fined $8.9 billion for violating U.S. sanctions in 2014, industry sources told the newswire.

A spokeswoman to the French banking group said the lender is maintaining its offerings to clients and has not put the business to question, adding that the staff representative bodies have already been informed of the plan, which would not entail redundancies in Paris.

BNP Paribas said in November that it may lay off up to 250 employees at Swiss unit BNP Paribas (Suisse) SA. An industry source told the newswire that 50 of those were commodity finance jobs.