BNP is well positioned to buy Deutsche Bank's equity derivatives – press


FRANKFURT, Oct 18 (Reuters) – BNP Paribas is in the best position to take over Deutsche Bank's equity derivatives portfolio, the German newspaper BOrsen-Zeitung reports on Friday, without citing sources.

According to the newspaper, analysts estimate the value of this unit specializes in the sale of certificates and warrants for retail customers between 400 and 500 million euros.

BNP did not wish to comment.

Deutsche Bank announced in July a major restructuring that will cost him 7.4 billion euros but must allow him to finally turn his head after years of difficulties.

BNP must already recover the preferred brokerage activities of Deutsche Bank. (Vera Eckert, Uhlig Patricia, Jean-Stephane Brosse for French service, edited by Benoît Van Overstraeten)

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