BNP Paribas
Company and Financial Services Company
While you were sleeping: Home sales, stocks rise...and commodity companies. France's Societe Generale climbed 3.5% and BNP Paribas rose 3.4%, Germany's Deutsche Bank surged 3.9% while the U.K.'s Royal Bank of Scotland gained 5% and Standard Chartered rose 4%. Lloyds Banking Group climbed... In this article: The Fed, New York, U.S., Copper, Dow Jones Industrial Average, S&P 500, International Monetary Fund, Europe, and Tax |
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Sydney Morning Herald - Business | November 11, 2009
European stocks hit three-week high on Chinese data
...fell less than expected and the bank chose a new chief executive. Standard Chartered, HSBC, Lloyds, BNP Paribas, Societe Generale, Natixis and UBS rose 0.9 to 4.7 per cent. "Positive macro-economic data from China helped the market today,"...
In this article: Holcim, Inflation, Zinc, Standard Chartered, IG Index, Natixis, and Eurasian Natural Resources
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FT.com - Companies | 7 days ago
Rising inflows boost Fortis
...a partial nationalisation by the governments of Belgium, Luxembourg and the Netherlands. The Dutch state took control of the Netherlands operations. France's BNP Paribas took control of Fortis Bank and a quarter of Fortis Insurance Belgium.
In this article: Fortis, Belgium, Europe, Netherlands, Asia, and Brussels
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Indiana Times - The Economic Times | November 11, 2009
European shares hit 3-week high
...posting a widely-expected fall in third quarter profit. Other banks to gain included BNP Paribas, Banco Santander, HSBC and Societe Generale - up between 0.8 and 1.8 per cent. Data showed that Chinese factory output growth leapt to a...
In this article: Europe, France, All rights reserved, Societe Generale, Credit Agricole, Banco Santander, and HSBC
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PR Newswire: Technology | 6 days ago
BNP Paribas and Oberthur Technologies Partner to Offer NFC Mobile Payment Solution
...Management Solution for an NFC project in Nice, France Oberthur Technologies will manage the mobile payment service on behalf of BNP Paribas via an OTA (Over the Air) Platform. Starting in the spring of 2010 over 3,000 residents in the...
In this article: NFC, Mobile payment, France, ATM, Visa, and Standard & Poor's
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FT.com - Companies | November 05, 2009
BNP sees benefits of Fortis purchase
...5 2009 18:36 A strong rebound in investment banking profits drove better-than-expected third-quarter results at BNP Paribas on Thursday, as France's biggest bank reaped the benefits from its recent acquisition of Fortis bank. BNP Paribas...
In this article: Fortis, Christine Lagarde, Tax, European Union, Lloyds, RBS, and French Banking Federation
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World business news - CNNMoney.com | November 05, 2009
French banks: 'Adieu' to guaranteed bonuses
...he's called "scandalous" bonus payments. The new rules were announced jointly by Lagarde and Baudoin Prot, the head of the federation and chief executive of BNP Paribas, the top French bank. Prot didn't mention Sarkozy's browbeating, but...
In this article: Christine Lagarde, Nicolas Sarkozy, France, Stipulation, Beneficiary, Timothy Geithner, and Nasdaq
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Independent.ie | November 05, 2009
BNP Paribas third-quarter profits up 45pc
BNP Paribas third-quarter profits up 45pc BNP Paribas, France's largest bank, said third-quarter profit rose 45pc, helped by the purchase of Fortis assets and a rebound at the investment bank. Net income rose to EUR1.31bn, the Paris-based...
In this article: Fortis, Revenue, Paris, Luxembourg, Deutsche Bank AG, and Jpmorgan Chase & Co.
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Indiana Times - The Economic Times | November 04, 2009
Societe Generale Q3 profit doubles
...and prompted widespread calls for tighter internal controls at banks. Societe Generale's big domestic rival, BNP Paribas, reports its third quarter results on Thursday. Societe Generale SA, France's second-largest bank, said on Wednesday...
In this article: Paris, Thomson Reuters, Jerome Kerviel, Lehman Brothers, and France
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The Japan Times: All Stories | October 23, 2009
BNP Paribas is ordered to halt operations; head to resign
...Kyodo The Financial Services Agency on Friday ordered the Japanese unit of France's BNP Paribas to suspend some operations for two weeks from Nov. 2 for manipulating Softbank Corp.'s share price and false reporting. The agency...
In this article: Softbank Corp and Tokyo
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Description from Wikipedia:
BNP Paribas (Euronext: BNP, TYO: 8665) is one of the main banks in Europe. It was created on 23 May 2000 through the merger of Banque Nationale de Paris (BNP) and Paribas. Together with Société Générale and Crédit Lyonnais (now known as LCL), it is one of the "three old" banks of France. It is a constituent of the CAC 40 index.
On 9 August 2007, BNP Paribas announced that it could not fairly value the underlying assets in three funds as a result of exposure to U.S. subprime mortgage lending markets. Faced with potentially massive (though unquantifiable) exposure, the European Central Bank (ECB) immediately stepped in to ease market worries by opening lines of €96.8 billion (then US$130 billion) in low-interest credit.
The long term debt of the group is currently ranked AA+ by S&P, Aa1 by Moody's and AA by Fitch.
- Name:
- BNP Paribas
- Type:
- Public (Euronext: BNP, TYO: 8665)
- Location:
- Paris, France
- Founded:
- 23 May 2000
- Industry:
- Financial services
- Key People:
- Baudouin Prot , Michel Pébereau
- Products:
- Retail, corporate and investment banking; asset management
- Revenue:
- €31.037 billion
- Net Income:
- €7.822 billion
- Assets:
- €1,694 billion
- No. of Employees:
- 162,687
- Motto:
- La banque d'un monde qui change / The Bank for a changing world
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