BNP Paribas regained the top spot in the dealer rankings for foreign exchange forwards trades with US mutual funds in the second quarter as its notional jumped by three-quarters on account of the increased business with Pimco. Of the $56.8 billion growth in notional at the French bank, $44 billion was accounted for by more activity with the California-based fund manager, bringing BNPP’s total with US mutual funds and exchange-traded funds (ETFs) to $132.2 billion. Meanwhile, this quarter’s top FX
