HONG KONG: BNP Paribas plans to make at least a dozen hires in its equities business in Asia next year and will end a research outsourcing pact with Morningstar, two sources with knowledge of the matter said, in a revamp to boost market share.
BNP's move to add more research analysts, salespeople and traders comes as a bank spokesperson said in Asia Pacific it had started integrating and expanding coverage by Exane, a global platform it fully acquired in 2021 that specialises in cash equities execution and research.
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