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Latest news with #equityDerivatives

Banks Curb Some Equity Derivatives Trades in Paris Over Tax Law
Banks Curb Some Equity Derivatives Trades in Paris Over Tax Law

Bloomberg

time16-05-2025

  • Business
  • Bloomberg

Banks Curb Some Equity Derivatives Trades in Paris Over Tax Law

Several big banks in Paris have curbed some trading activities related to French equity derivatives on the back of uncertainty over an expanded dividend tax law, according to people familiar with the matter. Lenders including Bank of America Corp., BNP Paribas SA, Credit Agricole, Goldman Sachs Group Inc. and JPMorgan Chase & Co. have taken the measures in response to confusion over the scope of a French law after its reach was expanded in February, the people said. They asked not to be named discussing private information.

Millennium Hires Ex-UBS Asia-Pacific Equity Derivatives Head
Millennium Hires Ex-UBS Asia-Pacific Equity Derivatives Head

Bloomberg

time14-05-2025

  • Business
  • Bloomberg

Millennium Hires Ex-UBS Asia-Pacific Equity Derivatives Head

Millennium Management hired UBS Group AG 's former equity derivatives head for Asia-Pacific, the latest move by the $73 billion investment giant to tap investment bank executives for expansion. Ernest Ng will join as a senior portfolio manager, according to people familiar with the matter, who asked not to be identified discussing private information. Ng couldn't be reached for comment. A Millennium representative declined to comment.

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