Jean-pierre Aubin on financial regulation
From Jean-Pierre Aubin, AUREL BGC - Se relever du 11 septembre · · 4Change
“La place financière de Paris souffre des nouvelles réglementations et de la baisse des activités de trading dans les banques, mais nous restons positifs sur le marché des actions et les fusions-acquisitions qui sont très vifs.”
On , Jean-pierre Aubin, Co-Chief Executive Officer at BGC GROUP INC, spoke about financial regulation during Jean-Pierre Aubin, AUREL BGC - Se relever du 11 septembre on 4Change.
About Jean-pierre Aubin
Jean-Pierre Aubin, co-chief executive officer at HCI, has spoken about the impact of the September 11, 2001 attacks on his company, then known as Cantor Fitzgerald, which lost 658 of its 900 New York employees. He stated that the firm survived due to its partnership structure, and that in the years following the attacks, employees were not paid and 25% of profits — approximately $200 million between 2001 and 2004 — were given to victims' families. He noted that BGC commemorates the date annually with a day of solidarity, donating 100% of that day's revenue to charities worldwide, generating between $12 and $13 million. Aubin has also commented on the financial industry, stating that the battle for the Paris financial center against London is lost, but that Paris retains strengths in clientele, banks, and insurance companies. He described the mergers and acquisitions market as "very lively" and expressed confidence in the equity market. Separately, in a 2015 homily, Aubin discussed the season of Advent, referencing the prophet Isaiah and urging listeners to follow the example of the Virgin Mary by allowing themselves to be shaped by God.