PARIBAS AND BANK AUSTRIA IN INVESTMENT BANKING LINK.

The French investment bank Paribas has signed a strategic alliance and cooperation agreement with Bank Austria to provide securities and custody services to clients in markets across Europe. The cooperation agreement involves the provision of securities settlement clearing, custody and related services to meet the investment needs of international institutional clients. The two banks said it would create the most comprehensive European securities services network offered by any bank, spanning a total of 17 countries. The agreement will add to the...

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