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Stock Market & Financial Investment News

News Breaks
July 10, 2014
06:24 EDTBNPQYBNP enters guilty plea in U.S. to overstepping sanctions, Reuters says
BNP Paribas entered a guilty in Manhattan federal court to overstepping U.S. sanctions after agreeing to pay $8.97B to resolve state and federal investigations that reached the highest echelons of French and American diplomacy, according to Reuters, citing comments from Assistant U.S. Attorney Andrew Goldstein. The bank's sentencing date is set for October 3. 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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