BNP Paribas Gets into 40 Act Business with Janus Henderson Deal

Andrew Dougherty of BNP Paribas Securities Services talks to WatersTechnology about this recent acquisition and what it means for unit going forward.

Andrew Dougherty

Last month, Patrick Colle, chief executive officer of the French bank’s Securities Services division, told WatersTechnology that the one piece of the puzzle it was still missing was coverage for the 40 Act fund administration space, adding that an acquisition “should be coming out pretty soon.”

Well, wait no more. The custodian bank has announced that it is acquiring Janus Henderson’s 40 Act unit, which consists of approximately 120 employees. This unit will handle middle- and back-office

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: