BNP Paribas Handles Nearly Half of India’s Record $4.2 Billion MSCI Rebalancing Trades

BNP Paribas SA accounted for nearly half of the record $4.2 billion in stock trades tied to MSCI Inc.’s index rebalancing through India’s new closing-auction system, according to people familiar with the matter. The French lender’s share put it ahead of its Wall Street peers, Bloomberg reported.