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Stock Market & Financial Investment News

News Breaks
June 26, 2014
06:43 EDTBNPQYBNP could face block from foreign currency conversion, Reuters says
BNP Paribas could face suspension from converting foreign currencies to dollars on behalf of customers in some businesses for as long as a year, a severe punishment for the French company who is being accused of constantly violating U.S. sanctions laws, according to Reuters, citing sources familiar with the matter. Reference Link
News For BNPQY From The Last 14 Days
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November 21, 2014
06:27 EDTBNPQYBNP Paribas cuts eight U.S. junk-bond salesmen, WSJ reports
According to sources, BNP Paribas has cut eight junk-bond salesmen in the U.S., The Wall Street Journal reports. The cuts, which were made on Thursday, are said to include team head Kevin Cook. The bank is expected to continue to sell and trade the securities. Reference Link
November 19, 2014
07:05 EDTBNPQYBNP Paribas executives probed by French prosecutors, WSJ reports
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05:32 EDTBNPQYBNP Paribas upgraded to Hold from Underperform at Jefferies
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