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BNP Paribas not interested in buying branches -CFO
BNP Paribas Q3 Net Income Down At 1.89 Billion Euros
French pharmaceutical company Advicenne gets 4.3 mln euros loan, backed by French government
BNP Paribas SA is a France-based international banking institution. It organizes its businesses into two main fields of activity: Retail Banking & Services (RBS) and Corporate Institutional Banking (CIB). RBS covers Domestic Markets and International Financial Services. Domestic Markets include retail banking networks in France, Italy, Belgium, and Luxembourg, as well as certain specialized retail banking divisions. International Financial Services is composed of all the retail banking businesses out of the Eurozone, split between Europe Mediterranean and BancWest in the United States, as well as personal finance, insurance, wealth and asset management activities. CIB provides corporate banking, global markets (fixed income, currency and commodities, as well as equity and prime services), and securities services to management companies, financial institutions and other corporations. BNP Paribas SA is the parent company of the BNP Paribas Group.
Money Center Banks
16 boulevard des Italiens
Jean-Laurent L. Bonnafe
Chief Executive Officer, Member of the Executive Committee, Director
Chief Operating Officer, Member of the Executive Board
Head of Compliance Function, Member of the Executive Committee
Group Chief Risk Officer, Member of the Executive Committee
Yves Paul Henri Martrenchar
Head of Group Human Resources, Member of the Executive Committee
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Ivory Coast is looking to sell sub-Saharan Africa's first pandemic-era Eurobond as developing issuers increasingly tap into global capital markets to benefit from this year's plunge in interest rates in the COVID-19 pandemic.
A group of multinational banks accused by institutional investors of collusion in the foreign exchange market urged a Manhattan federal judge to block the investors from paying a former trader at Barclays and BNP Paribas who pleaded guilty in a related criminal case $400...
Israel's Delek Group <DLEKG.TA> said on Tuesday that it received a $100 million dividend from its wholly owned Ithaca Energy unit that will be used to pay down a loan from BNP Paribas.
BNP Paribas' <BNPP.PA> investment bank helped to put the group on track to beat its earnings guidance for 2020 as its revenues benefited from a surge in interest rate and currency trading in the third quarter.
Adidas has appointed Amanda Rajkumar, an executive from French bank BNP Paribas, as its new head of human resources after employee complaints over racism at the German sportswear company led to the departure of Karen Parkin in June.
Paris prosecutors have opened an investigation into French bank BNP Paribas over allegations of complicity in crimes against humanity in Sudan, a lawyer and Paris-based International Federation for Human Rights (FIDH) said on Thursday.
The Swiss arm of France's BNP Paribas said it is closing its commodity trade finance business, the latest bank to withdraw after the coronavirus crisis led to defaults and exposed a series of frauds.
BNP Paribas issued Australia's first green bond linked to the performance of an index tracking companies tipped to benefit from the country's transition into a low-carbon economy, aiming to bridge a gap in sustainable investment products.
* Fixed income, currencies, commodities trading revenue up 153.8%
European shares were largely flat on Friday after encouraging earnings updates from Nokia, BNP Paribas and others countered concerns about a global economic recovery as coronavirus cases surged globally.
French bank BNP Paribas <BNPP.PA> said on Friday it was creating 400 jobs in continental Europe due to Britain's exit from the European Union, and that it has taken all measures required by regulators to continue to operate in the United Kingdom.
BNP Paribas beat analysts' profit estimates in the second quarter, as fixed-income trading and debt underwriting thrived during the COVID-19 crisis.
Business is getting much tougher for banks in Poland, the head of BNP Paribas' subsidiary there said on Wednesday, commenting on a wave of large bond issues and cuts in interest rates to record lows.
Conditions for banks have deteriorated dramatically, the chief executive of the Polish unit of BNP Paribas said on Wednesday commenting on Poland's decisions to launch sizeable bond issues and cut rates to record low levels.
The Turkish banking watchdog BDDK said on Thursday that it imposed a lira transaction ban on BNP Paribas, Citibank and UBS as they did not fulfill Turkish lira liabilities in due time.
* BNP PARIBAS CEO SAYS ADDITIONAL COST CUTTING COULD BE 300-400 MILLION EUROS Further company coverage:
BNP Paribas set aside more than half a billion euros in loan provisions on Tuesday as the coronavirus crisis wiped out the French bank's revenue from equity derivatives trading and knocked a third off its first quarter profit.
Profits at BNP Paribas fell by 33.1% in the first-quarter as the coronavirus crisis hit equity trading and prompted the eurozone's biggest bank to set aside more than half a billion of euros in loan provisions.
* BNP PARIBAS SAYS TO DOUBLE ITS COMMITMENT TO SUPPORT HOSPITALS AND VULNERABLE PEOPLE TO MORE THAN 50 MILLION EUROS Source text for Eikon: Further company coverage: [ ] (Paris newsroom, email@example.com email; +33 1 4949 5452)
* BNP PARIBAS SAYS WILL NOT PROCEED WITH PAYMENT OF DIVIDEND ON 2019 EARNINGS
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