New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 25, 2014
06:35 EDTBNPQYBNP relocates compliance unit to U.S. as settlement approaches, Reuters says
BNP Paribas is set to move its U.S. sanctions compliance operations to New York from Paris, right before the company is expected to reach a nearly $9B settlement with U.S. authorities over violations of sanctions on Sudan and other countries, according to Reuters, citing people familiar with the matter. Reference Link
News For BNPQY From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
November 24, 2015
06:02 EDTBNPQYBNP Paribas among companies interested in GE unit, Reuters reports
BNP Paribas (BNPQY), La Banque Postale and CM-CIC are said to be interested in buying the European factoring division of General Electric (GE), Reuters reports, citing a report from Les Echos. According to Les Echos, firms offers for the unit, which could value the business at EUR700M-EUR1B, are expected today. BNP Paribas is said to be interested in the business in France and Germany, the report says. Reference Link
November 20, 2015
05:51 EDTBNPQYBNP Paribas to pay $59.8M in Swiss bank settlement, Bloomberg reports
BNP Paribas has agreed to pay $59.8M and revealed Swiss banking secrets in detail to avoid U.S. prosecution, reports Bloomberg. Some of the secrets include assets restructured into Liechtenstein-linked insurance policies, and a banker who agreed to communicate with one U.S. client by faxes or calls to a prepaid mobile phone. KBL and Bank CIC have also joined the program, paying $18.8M and $3.3M respectively. Reference Link
05:46 EDTBNPQYBNP Paribas dedicates EUR 15B in financing for renewable energy
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use