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BNP, Cantor/BGC, Enron, UBS, Hedge Fund News

BNP Paribas posted third-quarter profits Thursday, which came in up 25% to $2.15bn. Bloomberg reports that pretax profit at the bank's corporate and investment banking unit were up 12% to $1.09bn, after earnings from the advisory and capital markets businesses rose 25%. The bank said that it enjoyed 'a good level of business' in fixed income, mainly from its European operations, and that its equity derivative business put in a 'good performance'. Pre-tax profit at the bank's asset management arm rose 27% to $462m.

Wanna Know How Big A Colleague's Bonus Is ?

Well, if you are a Managing Director and you work at Greenhill & Co, you will be told how much dosh your peers get when bonus time comes around. In fact, the firm issues a memo to all MDs, which details the bonus payments paid made to all staff at this level.

ABN Amro, Amaranth, Deutsche, RBS, Schroders, Asia-Pac

The Wall Street Journal reports that Vietnamese authorities are now seeking $3.7m from ABN Amro, claiming that the bank was a party to illegal FX trading from November 2003 to February 2006, which resulted in losses to the state-owned Incombank. Police have apparently indicated that they now plan to prosecute local ABN staff who have been under house arrest for months, and an Incombank staffer who has been languishing in jail awaiting a prosecution decision.