|Bid||0.000 x 0|
|Ask||0.000 x 0|
|Day's Range||40.74 - 42.16|
|52 Week Range||40.29 - 68.66|
|Beta (3Y Monthly)||1.82|
|PE Ratio (TTM)||7.18|
|Earnings Date||Feb 6, 2019|
|Forward Dividend & Yield||3.02 (7.26%)|
|1y Target Est||62.01|
Nov.21 -- Manishi Raychaudhuri, head of equity research at BNP Paribas, discusses the increasing trade tensions between the U.S. and China and what it means for markets. He speaks on "Bloomberg Markets: Asia."
Then came the central bank governor’s shock resignation. Urjit Patel quit on Monday citing personal reasons, a decision that some investors took as a new fissure in the Reserve Bank of India’s relationship with Prime Minister Narendra Modi’s government. Reaction was swift, with rupee non-deliverable forwards weakening.
BNP Paribas Securities Services, a unit of BNP Paribas Group, on Monday appointed Thorsten Gommel as head of Germany and Austria. Gommel will take up the new position at the France-based bank in April ...
After years of complaints by foreign banks about market access in a broad range of business lines, regulators are also seeking to demonstrate greater openness — partly as a means to rebut complaints by US President Donald Trump.
The cartel and its partners agreed to remove 1.2 million barrels a day from the market, with OPEC itself shouldering 800,000 barrels of the burden. Crude surged as much as 5.8 percent in London, raising the risk that the deal could anger U.S. President Donald Trump, who had urged the group to keep the taps open and prices low. The breakthrough at the Organization of Petroleum Exporting Countries’ secretariat followed a series of bilateral meetings convened by non-OPEC member Russia, which emerged as the key broker between arch rivals Saudi Arabia and Iran.
Futures in New York settled lower for the first time in three sessions on Wednesday. Saudi Arabia, Russia and other members of the OPEC+ group recommended a production cut, but failed to agree on how big the reduction should be. With negotiations scheduled to resume on Thursday, U.S. President Donald Trump continued to pan output caps via Twitter.
Crude futures made up some ground Friday after an OPEC advisory committee recommended a 1.3 million cut to the cartel’s daily output. Investors are now focused on the G-20 summit in Argentina, where leaders from the U.S., Russia and Saudi Arabia -- the world’s three biggest oil producers -- will gather in a prelude to a key OPEC meeting next week in Vienna. Russian Energy Minister Alexander Novak said earlier on Friday that he was comfortable with prices where they currently are, adding to uncertainty about what top oil exporters can agree on.
Federal Reserve chairman Jay Powell struck a dovish tone this week. Why would he do that, when policy rates — as he himself said — are at accommodative levels, the economy is tight as a drum (unemployment is at a 49-year low) and still growing above potential and inflation has already returned to the Fed’s 2 per cent target? The answer may be that Mr Powell is looking beyond the current expansion towards the next recession and what the Fed will do then.
Moody's Investors Service ("Moody's") has today affirmed the ratings of Class A Notes in FCT Laffitte 2016. The rating action reflects Moody's view regarding the structural amendments to the legal documentation. FCT Laffitte 2016 is a 2 year revolving cash securitisation of consumer loan receivables extended by BNP Paribas S.A. (BNPP) via its French retail banking business to private individuals.
A group of large institutional investors including BlackRock Inc and Allianz SE's Pacific Investment Management Co has sued 16 major banks, accusing them of rigging prices in the roughly $5.1 trillion-a-day foreign exchange market. The lawsuit was filed on Wednesday in the U.S. District Court in Manhattan by plaintiffs that decided to "opt out" of similar nationwide litigation that has resulted in $2.31 billion (£1.76 billion) of settlements with 15 of the banks. The banks being sued are: Bank of America, Barclays, BNP Paribas, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan Chase, Morgan Stanley, Japan's MUFG Bank, Royal Bank of Canada, Royal Bank of Scotland, Societe Generale, Standard Chartered and UBS.
A group of large institutional investors including BlackRock Inc and Allianz SE's Pacific Investment Management Co has sued 16 major banks, accusing them of rigging prices in the roughly $5.1 trillion-a-day foreign exchange market. The lawsuit was filed on Wednesday in the U.S. District Court in Manhattan by plaintiffs that decided to "opt out" of similar nationwide litigation that has resulted in $2.31 billion of settlements with 15 of the banks. The banks being sued are: Bank of America, Barclays, BNP Paribas, Citigroup, Credit Suisse, Deutsche Bank, Goldman Sachs, HSBC, JPMorgan Chase, Morgan Stanley, Japan's MUFG Bank, Royal Bank of Canada, Royal Bank of Scotland, Societe Generale, Standard Chartered and UBS.
French largest listed bank BNP Paribas (BNPP.PA) said on Friday that stress tests carried out by the European Banking Authority confirmed the strength of its balance sheet and the quality of its risk policy. The regulator tested how well capital buffers of the 48 main European banks would withstand a combination of theoretical market and economic shocks.
Europe's top banks will learn on Friday how they have fared in their latest stress test, which could require some to raise capital or shed assets, with Italian lenders expected to come under close scrutiny. The European Banking Authority (EBA), the European Union's banking watchdog, is due to publish the results of 48 banks at 1700 GMT, in what is being touted as its toughest test since the exercise began in 2009. As well as the Italian banks, analysts expect Deutsche Bank, Germany's biggest lender, to be closely watched after three years of losses.
A new blockchain-based trade finance platform, developed by HSBC, Standard Chartered and 10 other banks, was launched in Hong Kong on Wednesday to boost efficiency in the multi-trillion-dollar funding of international trade. HSBC said on Wednesday the platform, eTrade Connect, had allowed the Asia-focused British lender to reduce the time it takes to approve trade loan applications to four hours, compared with the usual one-and-a-half days. Other major banks who participated in the development of the platform - facilitated by Hong Kong's de facto central bank, the Hong Kong Monetary Authority (HKMA) - included Agricultural Bank of China and BNP Paribas.
By Inti Landauro and Matthieu Protard PARIS (Reuters) - A drop in revenue at BNP Paribas (BNPP.PA) as its investment bank underperformed overshadowed a rise in third-quarter profit on Tuesday, sending ...