Home   News   Features   Interviews   Magazine Archive   Industry Awards  
Subscribe
Securites Lending Times logo
Leading the Way

Global Asset Servicing News and Commentary
≔ Menu
Securites Lending Times logo
Leading the Way

Global Asset Servicing News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Clearing and settlement news
  3. Sanford C Bernstein selects BNP Paribas as settlement provider
Clearing and settlement news

Sanford C Bernstein selects BNP Paribas as settlement provider


08 October 2020 Paris
Reporter: Becky Bellamy

Generic business image for news article
Image: 1xpert - stock.adobe.com
BNP Paribas Securities Services has been appointed to provide settlement services to Sanford C Bernstein in Austria, Germany, Italy, Turkey and Euroclear Bank.

After consolidating its providers in Europe, Sanford C Bernstein has expanded its relationship with BNP Paribas Securities Services, which already provides the broker dealer with settlement services across seven European markets.

Sanford C Bernstein, which is part of Alliance Bernstein Group, offers institutional brokerage and research.

Bruno Campenon, global head of financial intermediaries client line at BNP Paribas Securities Services, said: “We are delighted to expand our partnership with Sanford C Bernstein. Their consolidation with us in Europe highlights our connectivity and expertise in the region and their ongoing satisfaction with our services.”

Lawrence Patrizio, global head of broker dealer operations at Alliance Bernstein, added: “We have built a strong and longstanding relationship with the team at BNP Paribas Securities Services and I am pleased to be able to extend this even further. As part of our decision to consolidate service providers, BNP Paribas Securities Services stood out for the level of connectivity they provide across multiple markets.”
Next clearing and settlement article →

LCH SA connects to Cboe Europe for equities clearing
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →