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Thanachart signs pact with big French bank.
Byline: Nuntawun Polkuamdee
Aug. 5--Thanachart Securities has entered into an agreement with French financial services giant BNP Paribas to co-operate in investment banking, research and securities brokerage services.
Thanachart, a subsidiary of National Finance, will operate the three-year exclusive agreement starting in September, according to Supadej Poonpipat, the president and chief executive of NFS.
The agreement, signed yesterday, will cover investment banking, research and securities brokerage services. No equity investment is involved for either party, with National Finance remaining the major shareholder with 99.99 percent of ...
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