|Day's Range||61.08 - 63.07|
|52 Week Range||37.67 - 68.40|
|PE Ratio (TTM)||10.35|
|Dividend & Yield||3.03 (4.40%)|
|1y Target Est||N/A|
BNP Paribas SA is climbing into the top tier of European investment banks as the industry’s struggling giants retreat.
Nearly 30 banks that underwrote billions in debt offerings by Lehman Brothers before Lehman collapsed in 2008 will not have to defend a securities fraud lawsuit by a big California pension fund, the U.S. Supreme Court ruled on Monday. The justices ruled 5-4 that the California Public Employees' Retirement System waited too long to sue the banks, upholding a federal appeals court decision throwing out the lawsuit. The dispute involves claims by the fund, known as CalPERS, against units of Australia and New Zealand Banking Group , Bank of New York Mellon Corp, Royal Bank of Canada, France's BNP Paribas SA and Spanish lender BBVA, among others.
Some of the biggest US financial groups including Morgan Stanley, Bank of America and Citigroup, are examining whether to move transactions totalling hundreds of billions of dollars out of London to rival ...