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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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January 21, 2015
08:18 EDTBNPQYBNP Paribas discussing potential job cuts in January 27 meeting, Reuters says
BNP Paribas will hold an exceptional meeting with its works council on January 27 regarding potential job cuts, reports Reuters, citing French paper Les Echos. The paper cited a union representative, who stated the number of job cuts "should not" exceed 373, while the company's top bankers will see a 50% average cut in bonuses. Reference Link

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