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Europe: BNP Paribas to start European power trading and risk management initiative.
(From The Asian Banker Journal)
BNP Paribas is pleased to announce that it is starting a European power trading and risk management initiative as a logical development in its broad involvement in the energy and commodity business.
The team of three, based in London, will initially focus on establishing the relevant systems and admissions required for trading in European power. The bank aims to begin actual trading later this year and will at first concentrate on the French, German and …
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