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BNP Paribas Is Said to Handle Half Of India's Record MSCI Trades
The Paris-based bank BNP Paribas executed about 180 billion rupees ($1.9 billion) of trades during Monday's closing auction.
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BNP Paribas said to handle half of India’s record MSCI trades
BNP Paribas executed nearly half of the record $4.2 billion in MSCI-linked Indian stock trades through the closing auction. The French bank handled about $1.9 billion, largely for global institutions, as favorable tax treatment boosts its securities-services role in India.
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