Largest French Bank Lost $200MM On Equity Derivative Trades As Market Crashed
Apr 9th 2020 1:50pm EDT
Largest French Bank Lost $200MM On Equity Derivative Trades As Market Crashed BNP Paribas SA, the largest French bank, lost hundreds of millions of dollars on complex stock trades as markets crashed in March, Bloomberg reports. Traders at the Paris-based bank, which together with SocGen has long carved out a niche in sophisticated derivative trades […]
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