BNP Paribas is a European leader in global banking and financial services and one of the strongest banks in the world.

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BNP 's Chair looks set to step down

BNP Paribas

BNP Paribas Chairman Baudouin Prot plans to step down this week, according to two people with direct knowledge of the decision. He would be at least the second senior banker to resign since the bank’s $8.97 billion fine for violating U.S. sanctions.

BNP Paribas Chairman may be set to leave

Departure

BNP Paribas Chairman Baudouin Prot may leave in the next few months and be succeeded by Jean Lemierre, a senior adviser at the French bank, Le Journal du Dimanche has reported, without saying where it got the information.

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Hedge Fund Fight Nite

For the 4th year, the brave and the bold have traded their suits and ties for shorts and gloves in the City’s leading charity boxing event, the Hedge Fund Fight Nite, which raises much needed funds for Operation Smile UK – a charity providing free reconstructive surgery to children and young adults all over the world that suffer from cleft lips, cleft palates and other facial deformities.

Top Traders Under 30

After a number of our readers wrote in, we are now publishing the list of 'Trader Monthly' magazine's Top Traders Under 30, which appeared in the August/September issue.

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Pulling Hair

7 top firms, 7 problems, errors or set-backs

No less than 7 top firms have gone / are going through difficulties of one kind or another - and that's in addition to the 'normal' issues banks are having related to regulation, capital requirements and the malaise in fixed income.