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Article: Exane BNP Paribas team takes shape.
- Article from:
- Financial News
- Article date:
- February 22, 2004
CopyrightCOPYRIGHT 2004 Financial News Publishing Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Shanny Basar and Samer Iskandar in Paris
Exane, the independent French brokerage, and BNP Paribas have put together the management for their new joint venture, which is due to launch at the beginning of April.Two months ago, the banks said they would create Exane BNP Paribas, a joint venture in European cash equities that will give Exane a bigger international profile and BNP Paribas a stronger equities business.
Exane will own the majority of the voting rights and the venture will be run by Nicolas Chanut, chief executive of Exane.
Phillipe Sanlaville will be head of equities and effectively number two in Exane BNP Paribas, the same ...