BNP Paribas to take advantage of shift in regulation with derivatives clearing service

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BNP Paribas will seek to double its total revenue in the next five years by aggressively developing its derivatives clearing service for buy-side clients, its chief executive says.

BNP Paribas chief executive officer Patrick Colle told an audience in London the firm would see increased scale in its activities in 2011 due to major regulatory changes, including Solvency II requ...

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