Deutsche Bank to transfer up to 800 to BNP in prime brokerage deal - source
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FRANKFURT/PARIS (Reuters) - A deal in the works for BNP Paribas to assume the prime brokerage operations of Deutsche Bank will involve the transfer of up to 800 people, a person with knowledge of the matter said on Friday.Deutsche Bank said in July it had struck a preliminary agreement with BNP covering the business that serves hedge funds as part of its 7.4 billion euro overhaul, but details on personnel and the timing of any final deal were being hammered out.The person, speaking on..