BNP Paribas agreed with Europe's biggest bank HSBC to acquire the custody and depositary bank business of HSBC Continental ...

(Alliance News) - BNP Paribas SA on Friday said its Securities Services business has entered an agreement with HSBC Holdings PLC to buy its custody and depositary bank business in Germany.

BNP Paribas to acquire HSBC's German custody and depositary bank operations, boosting its presence in Germany's institutional funds and financial intermediary sectors. No financial terms disclosed.

BNP Paribas has agreed to acquire HSBC’s custody and depositary bank business in Germany to expand its Securities Services ...

London-headquartered HSBC Holdings (HSBC) (HBCYF) said on Friday that the unit HSBC Continental Europe is selling its custody ...

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Mark Maurer is a reporter on The Wall Street Journal’s CFO Journal team. Based in New York, he writes about corporate finance ...