trending Market Intelligence /marketintelligence/en/news-insights/trending/ty3rZYmUI1mGYpIp5btC9g2 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

In this list

BNP Paribas to bolster China operations

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

BNP Paribas to bolster China operations

BNP Paribas SA is planning to add brokerage, futures trading and wealth-management ventures into its business in China in anticipation of higher foreign investment flowing into the Chinese economy, Bloomberg News reported March 13.

China's policy to open the country's financial system and to integrate it into the global economy offers opportunity to firms to profit significantly from the new market. The French lender is one of many international firms looking to tap into the Chinese market with plans to set up an entire "ecosystem to receive the incoming foreign players," BNP Paribas (China) Ltd. CEO CG Lai told Bloomberg.

Lai predicts that overseas holdings will account for 15% of China's bond market in the coming seven years and that the stock market will reach that mark earlier. Lai did not comment on the whether the bank plans to increase its holding in local companies Bank of Nanjing Co. Ltd. and HFT Investment Management Co., where it holds a 15% stake and 49% stake, respectively.