|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||50.97 - 51.61|
|52 Week Range||50.39 - 69.17|
|PE Ratio (TTM)||8.85|
|Earnings Date||Oct 30, 2018|
|Forward Dividend & Yield||3.02 (5.60%)|
|1y Target Est||68.64|
Shares in Europe's major banks lost further ground on Monday, as concerns about Turkey's deepening currency crisis spread to other emerging markets. Turkey's lira pulled back from a record low against the dollar on Monday morning after the central bank pledged to provide liquidity and cut reserve requirements for Turkish banks, but the currency's meltdown continued to shake global markets. The lira has lost most than 40 percent of its value so far in 2018.
at one point plunged a further 10 per cent in early Asian trading to a record low of TL7.24 to the dollar, and remained under pressure despite some relief from central bank measures intended to shore up liquidity for the country’s banks. The lira later pared losses to trade at TL7.004, off its earlier lows but still down 8.2 per cent on the day. The turbulence caused every major emerging market currency to fall against the dollar on Monday, with JPMorgan’s EM foreign exchange index tumbling another 1.7 per cent to a fresh record low.
Bank of the West's decision to divest from certain fossil fuel investments has run headlong into threats of retaliation in states that get much of their revenue from coal, oil and natural gas extraction. Fossil fuels are big business in Wyoming — extraction provides about 70 percent of its state revenue.
The eurozone’s chief financial watchdog has become concerned about the exposure of some of the currency area’s biggest lenders to Turkey — chiefly BBVA, UniCredit and BNP Paribas — in light of the lira’s dramatic fall. The Turkish currency has weakened throughout this year — so far, it has lost more than 35 per cent against the dollar in 2018, including a 12 per cent fall on Friday when it hit a new all-time low of TL6.30. In line with the currency’s decline, the Single Supervisory Mechanism — the wing of the European Central Bank set up to monitor the activity of the region’s biggest banks — has over the past couple of months begun to look more closely at European lenders’ links with Turkey.
Europe’s banks opened under pressure on Friday as a deepening currency crisis in Turkey raised fears about the exposure of the region’s lenders. The Euro Stoxx Banks index dropped 0.5 per cent in early ...
The European Central Bank is getting increasingly concerned about the exposure of exposure of some banks in the region -- specifically from Spain, Italy and France -- to the woes of Turkey, the Financial Times reported Friday, citing two sources close to the situation. Spain's BBVA SA (es:bbva)(bbva) Italy's Unicredit SpA (it:ucg) and France's BNP Paribas SA (fr:bnp) among the biggest lenders to the country, have come under closer scrutiny by the Single Supervisory Mechanism, the ECB's arm charged with monitoring the region's banks.
The European Central Bank has grown concerned about the exposure of some euro zone banks to Turkey following the lira’s plunge, the Financial Times reported. Banco Bilbao Vizcaya Argentaria SA, UniCredit SpA and BNP Paribas SA are particularly exposed after the Turkish currency lost more than a third of its value this year, the newspaper reported, citing unidentified people familiar with the matter. The ECB’s Single Supervisory Mechanism has begun over the past couple of months to look more closely at European banks’ ties to the country, the FT said, adding that the watchdog doesn’t see the situation as critical yet.
FT subscribers can click here to receive FirstFT every day by email. How well did you keep up with the news this week? Take our quiz to find out. “If they have dollars, we have our people, our rights and ...
By Inti Landauro and Matthieu Protard PARIS (Reuters) - BNP Paribas, France's largest listed bank, beat second-quarter profit forecasts on Wednesday as its global business offset a sharp fixed income trading ...
BNP Paribas, France's largest listed bank, beat second-quarter profit forecasts on Wednesday as its global business offset a sharp fixed income trading fall and domestic weakness. A surge in BNP's international ...
Lars Machenil, chief financial officer at BNP Paribas, discusses second-quarter earnings, equities trading, the French economy, the biggest risk to his business, the impact of trade tensions on his business, ...
PARIS , August 1, 2018 /PRNewswire/ -- BNP Paribas, one of Europe's largest banks, reports 2018 second quarter results. CEO Jean-Laurent Bonnafé comments on the Group's results. Watch video interview and ...
French bank BNP Paribas reported Wednesday a net income growth of 53 percent from the previous quarter at 2.39 billion euros ($2.79 billion).
BNP Paribas SA posted debt-trading results that lagged the largest Wall Street firms, dealing a blow to Chief Executive Officer Jean-Laurent Bonnafe’s growth plans for the investment bank.
BNP Paribas SA’s trading woes continued in the second quarter as its key debt-trading business posted a further slide in revenue, offsetting unexpected gains in the equities business. The French lender blamed a lackluster market, especially in Europe, for its fifth straight quarterly decline in revenue from buying and selling bonds, currencies and commodities. Income from BNP Paribas’s biggest trading division also missed analyst estimates and trailed larger Wall Street rivals.
Lenders in Ivory Coast are threatening to stop financing cocoa exports unless the government halts the liquidation of a local shipping company, with units of BNP Paribas SA and Societe Generale SA among banks exposed to debt that may not be repaid, according to people familiar with the matter. Banks and the government are continuing talks after a court on July 18 ordered the liquidation of Saf-Cacao, which two years ago was the country’s the second-biggest shipper of beans, said the people, who asked not to be identified because they’re not authorized to speak publicly about the matter. The order was granted after an application by the industry regulator of the world’s biggest cocoa producer, which is seeking to recuperate 7 billion CFA francs ($12 million) in debt, people familiar with the matter said last week.
BNP Paribas Asset Management, the investment management arm of BNP Paribas SA, said it had appointed Jane Ambachtsheer as global head of sustainability, effective Aug. 27. Ambachtsheer, who would be based ...
BNP Paribas' corporate & institutional banking unit on Thursday appointed Paul Hollingsworth as the French bank's UK economist. Hollingsworth previously served a senior UK economist at Capital Economics ...
(Reuters) - BNP Paribas Asset Management, the investment management arm of BNP Paribas, appointed Melanie Aimer to the newly-formed role of global head of client experience within its client marketing ...
BNP Paribas Asset Management, the investment management arm of BNP Paribas, appointed Melanie Aimer to the newly-formed role of global head of client experience within its client marketing group. Aimer, ...
WASHINGTON (AP) — The Federal Reserve has given the OK to 32 of the 35 biggest banks in the U.S. to raise their dividends and buy back shares, judging their financial foundations sturdy enough to withstand a major economic downturn.
Post-GFC recovery has driven major financial institutions’ return to health, increasing market confidence in these “too-big-to-fail” banks. As a large-cap stock with market capitalization of €15.03b, BNP Paribas Fortis SA/NVRead More...
France's largest listed bank, BNP Paribas, beats Q2 forecasts after its global business offset a sharp fixed income trading fall and domestic weakness. And Britain's Lloyds sees its shares surge on a 23 per cent jump in the first half - despite another hefty provision for insurance mis-selling. Lea Jakobiak reports.