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BNP Paribas wins Austria settlement services deal with Goldman Sachs

Published 12/05/2023, 07:44 AM
Updated 12/05/2023, 07:45 AM
© Reuters. FILE PHOTO: BNP Paribas Bank logo is seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
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PARIS (Reuters) - France's largest bank BNP Paribas (OTC:BNPQY) said on Tuesday it had won a deal with Goldman Sachs, the largest trading member on the Vienna stock exchange by market share, to provide custody and settlement services for assets in Austria.

© Reuters. FILE PHOTO: BNP Paribas Bank logo is seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

"We are delighted to receive this mandate, which confirms our commitment to the Austrian market and the depth of our local expertise," said Bruno Campenon from BNP Paribas' Securities Services division.

"We are also very pleased to strengthen our partnership with Goldman Sachs, who have been a historical client of BNP Paribas' Securities Services business for many years," he added.

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