Amundi became Europe’s largest fund firm with the help of acquisitions. But after years without a major takeover, rivals are catching up.

SpaceX has made history with the biggest-ever IPO, sending it into the top ranks of the largest public companies and putting founder Elon Musk on the verge of becoming the world’s first trillionaire. The company raised $75 billion in the IPO, ahead of its listing on the Nasdaq and Nasdaq Texas Friday on Friday. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)

Bond investors including BNP Paribas Asset Management, Neuberger Berman and Allspring Global Investments are predicting a vote for a seat in the UK Parliament will ignite another bout of volatility for gilts.

Bond investors including BNP Paribas Asset Management, Neuberger Berman and Allspring Global Investments are predicting a vote for a seat in the UK Parliament will ignite another bout of volatility for gilts.

Mega IPOs by some of the largest privately held tech companies are likely to fuel appetite for stock sales in Europe’s tech industry as well, according to a top BNP Paribas SA investment banker.

Guneet Dhingra, head of US rates strategy at BNP Paribas, discusses the inflation risks he sees in markets and explains how the firm came to expect three rate hikes coming from the Federal Reserve. (Source: Bloomberg)

Sources tell Bloomberg that SpaceX’s initial public offering is well oversubscribed with multiple institutional investors placing orders for about $10 billion or more of shares. Elon Musk's company is leading a race to list against both OpenAI and Anthropic. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards and Tom Mackenzie. (Source: Bloomberg)

Sam Lynton-Brown, head of global macro strategy at BNP Paribas, speaks on Blomberg Television about the outlook for Federal Reserve and European Central Bank policy. (Source: Bloomberg)

Sophie Huynh, senior cross asset strategist at BNP Paribas Asset Management, discusses the risk of a so-called bubble in the artificial intelligence trade space. "What I'm looking at much more is tokens rationing," she tells Bloomberg Television. "There's anecdotes here and there that we're consuming so much tokens at this point that there's not going to be enough," Huynh says. She also discusses the impact of the ongoing conflict in the Middle East on markets. (Source: Bloomberg)

A fund run by BNP Paribas Asset Management that’s outperformed 97% of its peers over the past year is now moving into small-modular-reactor stocks after long shunning the sector as a “non-viable” investment.

A fund run by BNP Paribas Asset Management that’s outperformed 97% of its peers over the past year says it’s now moving into small-modular-reactor stocks after long shunning the sector as a “non-viable” investment.

BNP Paribas SA is working with French artificial intelligence startup Mistral AI and other partners to prepare for cybersecurity threats posed by new models such as Anthropic PBC’s Mythos.

BNP Paribas SA asked a federal appeals court to reverse a verdict of nearly $21 million against the bank over allegations that it funded a regime in Sudan that committed widespread human rights abuses.

Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are BNP Paribas’ Greg Boutle, UBS’ Michael Lasser, Airbnb CEO & Co-Founder Brian Chesky, Cava CEO & Co-Founder Bret Schulman, Research Affiliates CIO of Equities Que Nguyen, Redpoint Ventures Managing Director Erica Brescia, Wedbush Securities’ Matt Bryson, Gabelli Funds’ John Belton, University of Tennessee at Knoxville Professor Sara Hsu, Moody’s John Medina, Truist CIO & Chief Market Strategist Keith Lerner, Georgia Tech’s Animesh Garg, Rainmaker Securities’ Greg Martin, ERShares Chief Strategist Eva Ados (Source: Bloomberg)

Joy Zhang, APAC Capital Goods Analyst at BNP Paribas, says physical AI will be the ultimate application of the technology, paving the way for humanoid robots to enter daily life. She also discusses winners and losers in the space in an interview on Bloomberg’s The China Show. (Source: Bloomberg)

BNP Paribas APAC Deputy Head of Global Markets Brian McCappin says clients are repositioning their portfolio to focus more on artificial intelligence beneficiaries, driving the outperformance of North Asia markets. He speaks with Yvonne Man and Avril Hong from the sidelines of the BNP Paribas Global EV and Mobility Conference. (Source: Bloomberg)

Sam Lynton-Brown, head of global macro strategy at BNP Paribas Markets 360, discusses the economic situation in the United Kingdom. Speaking on Bloomberg Television, he says BNP is not expecting UK long-term borrowing costs to go higher following the yield on 30-year gilts' jump to 5.78% earlier in the week. "We think that's actually one of the DM bond markets that should be a little bit more insulated given how cheap valuations already are," Lynton-Brown says. (Source: Bloomberg)

The South African Reserve Bank will likely raise interest rates at its next two meetings to rein in inflation that’s set to surge because of energy supply-side shocks caused by the war in Iran, BNP Paribas said.

A senior BNP Paribas SA banker who was fired for allegedly bullying his subordinates on the trading floor lost a €1.7 million ($2 million) unfair-dismissal award on appeal after judges drew on testimony from staffers.

Brent oil rallied to a four-year high after Axios reported that US President Donald Trump will receive a briefing on new military options for action in Iran, signaling the potential for fresh escalation in the Middle East. Stocks steadied as some positive news on earnings helped to counter inflation concerns triggered by oil’s jump to the highest since the Iran war began. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)