Climate transition driving private market growth, says BNP
The French bank's private custody asset business grew by 20% last year
Investment in projects such as solar farms is longer term, and more attractive through private markets.
Global investment in the climate transition was a significant factor in driving the growth of private markets at the expense of public markets, according to a leading executive at French bank BNP Paribas.
Patrick Colle, BNP Paribas’ global Head of Securities Services and Chairman of Financial
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