Â鶹´«Ã½

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
Â鶹´«Ã½
Leading the Way

Global Â鶹´«Ã½ Finance News and Commentary
≔ Menu
Â鶹´«Ã½
Leading the Way

Global Â鶹´«Ã½ Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Industry news
  3. Fondenergia selects BNP Paribas for securities lending services
Industry news

Fondenergia selects BNP Paribas for securities lending services


09 April 2024 Italy
Reporter: Jack McRae

Generic business image for news article
Image: stock.adobe.com/Luciano Mortula-LGM
BNP Paribas’ Â鶹´«Ã½ Services business has been selected by Fondenergia to provide depositary bank and securities lending services for its global assets.

The Italy-based pension fund for workers in the energy sector will have access to BNP Paribas’ approach to technology and global operating model, as well as proxy voting and securities lending.

Andrea Fiordelmondo, president of Fondenergia, comments: “BNP Paribas’ Â鶹´«Ã½ Services business’ support will help us enhance the efficiency of our processes and reinforce the safety of our assets, while increasing the profitability of the fund through securities lending services.â€

Andrea Cattaneo, head of Italy, Switzerland and Iberia for Â鶹´«Ã½ Services at BNP Paribas, adds: “We are delighted to start this mandate with Fondenergia, a leading player in the Italian pension funds sector.â€
← Previous industry article

ESMA publishes first overview of EU SFT markets
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Â鶹´«Ã½ Finance Times
Advertisement
Subscribe today
Knowledge base

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

Visit our directory →
Glossary terms in this article
→ Proxy

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →