Serena Williams has had a remarkable start to the 2015 year with victories at the Australian Open, Miami Open, and French Open. She'll aim to grab another title when the 2015 Wimbledon Championships kick off later this month. Serena lost in the third round last year in Wimbledon, but if [...]
Investors claiming banks manipulated foreign exchange rates are hopeful of reaching a settlement in their cases against HSBC Holdings, Barclays, Goldman Sachs Group and BNP Paribas SA, according to their lawyer. ||| Manhattan - Investors...Show More Summary
Greece's last-best chance for a deal begins on Thursday, as finance ministers from across the eurozone gather for the latest Eurogroup summit. According to analysts at French investment bank BNP Paribas, Greece is "staring down the barrel at default." Greece is trying to unlock its last bailout tranche, arranged under the previous government. Show More Summary
Investors have been piling into European stock exchange-traded funds all year. Short-term traders might want to consider shorting emerging-markets as well, according to a report on Monday from French bank BNP Paribas. BNP Paribas’s New York-based Orrin Sharp-Pierson, a derivatives strategist, suggests taking a long position in the WisdomTree Europe Hedged Equity Fund (HEDJ) and [...]
BNP Paribas was reprimanded and fined HK$11 million (R17m) by Hong Kong’s securities regulator for failing to report more than HK$6 billion of cross trades over a 10-year period. ||| BNP PARIBAS was reprimanded and fined HK$11 million...Show More Summary
The first batch of corporate sponsors for December’s climate negotiations in Paris has officially been revealed. Among them are big-name polluters Engie (formerly GDF Suez), Air France, and the European bank BNP Paribas. Pierre-Henri...Show More Summary
The upcoming changes in US monetary policy will have strong effects on aggregate demand, investments and public spending worldwide. On August 9, 2007, BNP Paribas, France’s largest bank, announced...
Add Morgan Stanley and BNP Paribas Investment Partners to the list of forecasters sounding an alarm about China’s stock market. ||| Kana Nishizawa Hong Kong ADD Morgan Stanley and BNP Paribas Investment Partners to the list of forecasters sounding an alarm about China’s stock market. Show More Summary
A US court sentenced the French company BNP Paribas to a record fine and imposed other penalties for helping foreign countries sanctioned to process transactions through the US financial system in violation of US federal laws, the New York Attorney’s Office announced in a statement.
US judge orders French bank to pay $US8.9bn to settle case of US sanction violations.
New York City is expected to spend parts of a $447 million settlement it is set to receive from French bank BNP Paribas SA on initiatives for its criminal justice system, officials said, including creating a database where local agencies and police would share information about individual defendants and cases.
By Nate Raymond NEW YORK (Reuters) - BNP Paribas SA was sentenced to five years probation by a U.S. judge on Friday in connection with a record $8.9 billion settlement resolving claims that it violated sanctions against Sudan, Cuba and Iran. Show More Summary
French bank lifted by investment banking performance, weaker euro.
The French bank posted net income of just over $1.8 billion on the strength of corporate and investment banking and its dollar-based returns.
Returns at BNP Paribas’ and Societe Generale’s trading and advisory businesses are better than peers. But the pair’s divisions carry less equity against gross assets than rivals. Before dashing in, investors should consider what the return would be with greater leverage restraint.
According to BNP Paribas' chief Asia economist Richard Iley, China's nominal GDP growth "almost certainly" grew slower than that of the U.S. in the first quarter when measured in a common currency.
HONG KONG (Reuters) - UBS, Singapore's Temasek Holdings [TEM.UL] and French bank BNP Paribas are among half a dozen preliminary bidders to buy up to a 10 percent stake in state-owned Postal Savings Bank of China (PSBC) for at least $3 billion, people familiar with the matter told Reuters on Wednesday. Show More Summary
By Leigh Thomas PARIS (Reuters) - Top BNP Paribas banker Francois Villeroy de Galhau emerged as a possible candidate to replace the retiring governor of the Bank of France on Tuesday as he was named to lead a new state-sponsored investment drive. Show More Summary
BNP Paribas warns of $20 billion hit to export earnings in 2015.