|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||66.40 - 67.74|
|52 Week Range||49.21 - 68.95|
|PE Ratio (TTM)||11.50|
|Forward Dividend & Yield||3.03 (4.05%)|
|1y Target Est||N/A|
BNP Paribas is unveiling a new trade matching tool that uses artificial intelligence and says it will be ready for MiFID II, the European banking regulation that takes effect in early 2018.
The bank also said it would no longer finance new projects that are primarily involved in the transportation or export of oil and gas from shale or oil sands. "We're a long-standing partner to the energy sector and we're determined to support the transition to a more sustainable world," BNP Paribas Chief Executive Jean-Laurent Bonnafe said in a statement. The bank will also stop trading on behalf of exploration, production, marketing and distribution companies where shale or Canadian oil accounts for more than 30 percent of the business, a spokeswoman said.
BNP Paribas SA, France's biggest listed bank, said on Wednesday it would no longer work with oil and natural gas companies that primarily do business in shale or oil sands because it plans to boost support for renewable energy projects. The bank also said it would no longer finance new projects that are primarily involved in the transportation or export of oil and gas from shale or oil sands. "We're a long-standing partner to the energy sector and we're determined to support the transition to a more sustainable world," BNP Paribas Chief Executive Jean-Laurent Bonnafe said in a statement.
BNP Paribas is to stop doing business with companies whose primary activity involves oil and gas extracted from shale deposits or tar sands in one of the most aggressive steps so far by an international ...
The following financial services industry appointments were announced on Thursday. To inform us of other job changes, email email@example.com. TP ICAP PLC UK-based interdealer broker TP ICAP Plc ...
BNP Paribas Asset Management, the investment management arm of BNP Paribas, appointed Chris Hofmann as senior sales manager for German-speaking clients in ETF and indexed fund teams. Hofmann will be based ...
France has launched a public consultation over how financial service regulations can be simplified, the finance ministry said on Monday, stepping up its campaign to lure London bankers after Britain's vote to leave the European Union. Paris is playing catch-up with other EU financial hubs, such as Frankfurt and Dublin, that have already secured job commitments from financial institutions based in London. "(Finance minister) Bruno Le Maire announced the launch of the public consultations aimed at identifying cases where European regulation on financial services is transposed (into French law) too strictly," the statement said.
European stocks advance on Friday, booking the best month of the year after a string of upbeat data and a rally for the banking sector on rising expectations for tighter monetary policy.
French banks Société Générale and BNP Paribas have emerged from the financial crisis, the eurozone debt crisis and long years of European economic stagnation as two of the continent’s strongest lenders....
European stocks advance Thursday, with banks stocks marching higher after the U.S. Federal Reserve indicated it will continue to raise borrowing costs.
Banking shares drove European bourses higher on Thursday after the U.S. Federal Reserve signaled a likely December rate hike and announced it would begin trimming its balance sheet in October. The pan-European STOXX 600 ended up 0.3 percent while euro zone stocks and blue-chips rose 0.4 percent as the U.S. central bank's optimism on the economy stoked renewed enthusiasm for financials and cyclical sectors in Europe. "The market's reaction... is positive on the back of the Fed acting in line with expectations, and with that the market anticipates the Euro strength momentum to fade," said Britta Weidenbach, head of European equities at Deutsche Asset Management.
Everyone wants bank deals in Europe—the problem is finding one acceptable to investors, executives, regulators and politicians. Commerzbank is a case in point.
AXA has talked to BNP Paribas and Natixis in its search for a partner for its fund management arm, aiming to build a business with at least 1 trillion euros ($1.2 trillion) of assets under management, sources familiar with the matter told Reuters. Under new chief executive Thomas Buberl, the French insurer is looking for ways to boost profitability at its asset management business, which has been hit by falling fees and rising costs during a period of historically low interest rates.
BNP Paribas SA is among firms exploring a fund-management tie-up with Axa SA’s European asset-management unit, people with knowledge of the matter said as the French insurer seeks potential partners for ...
Mitsubishi UFJ Financial Group Inc appointed Franck Viort as head of insurance coverage at its EMEA financial institutions group, starting from October. Viort joins MUFG from BNP Paribas.
French carmaker PSA (PEUP.PA) is considering moving the production of electric vehicle components back to within the company, a PSA director told Reuters on Tuesday. "We are having some thoughts regarding 'make or buy' concerning the electric chain of motors, we will move the components part back to within the company, but not the battery chemicals part," said PSA executive Patrice Lucas at the Frankfurt car show. Earlier this year, BNP Paribas announced the acquisition of Opel/Vauxhall's financing arm for 900 million euros ($1.1 billion) with PSA.
Revenue at the world’s 12 largest investment banks rose in the first six months of 2017 thanks to a stronger performance in the underwriting of debt and equity issues compared with a year ago, a survey showed on Thursday. An improving global economy, robust corporate profitability, an ample supply of money by central banks, even as U.S. interest rates are rising, and some fading political risk from elections have all contributed to pushing market volatility to its lowest level for years across fixed income, currency and commodity markets around the world. "A very low level of macro volatility has supported equity issuance but put pressure on certain fixed income products, while record low interest rates have helped drive the debt business," said George Kuznetsov, Head of Research and Analytics at Coalition.
Commodities-related revenue at the 12 biggest investment banks tumbled 41 percent year-on-year in the first half of 2017 to its lowest since at least 2006, a consultancy said on Thursday. The decline was mainly due to a drop in client activity and a slump in trading performance in the energy sector, financial industry analytics firm Coalition said in a report. Revenue from commodity trading, selling derivatives to investors and other activities in the sector fell to $1.3 billion in the first six months of the year, it said.
European shares inched lower on Tuesday dragged down by losses in the heavyweight financial sector as worries over North Korea persisted and caution grew before a European Central Bank policy meeting later in the week. The pan-European STOXX 600 index fell 0.1 percent, giving up the slight gains seen earlier in the session, while euro zone blue chips declined 0.3 percent. "Markets are downplaying North Korea and focusing on economic fundamentals... investors should begin tilting their portfolios towards being more defensive," Peter Garnry, Head of Equity Strategy at Saxo Bank, said in a note.
The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- U.S. scientific instruments maker Thermo Fisher Scientific to ...
European shares broke their three-day winning streak on Thursday as banks fell following a set of cautious minutes from the U.S. Federal Reserve, and energy stocks also weighed on a busy day for company results. The pan-European STOXX 600 index fell 0.6 percent, while euro zone blue chips declined 0.7 percent.