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Thanachart Securities taps Paribas network.

Bangkok Post (Bangkok, Thailand)

| October 04, 2005 | COPYRIGHT 2005 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Nuntawun Polkuamdee

Oct. 4--Thanachart Securities, a unit of Thanachart Bank Plc, expects to improve its local brokerage market share through a new three-year partnership agreement with France-based BNP Paribas Peregrine.

The brokerage currently has a 2.5 percent share of local stock market turnover, and hopes to raise the share to between 4 percent and 5 percent within three years, according to managing director Asvini Tailanga.

Under the agreement, BNP Paribas Peregrine will distribute Thanachart's research papers to international institutional investors and will help the local firm to facilitate cross-border mergers and ...

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