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A group of large banks is using its considerable size and influence to build standards for trade finance, including agreements on payments processes, documentation and risk—giving the consortium its own ecosystem to counter the myriad forces in technology and e-commerce that threaten to upend traditional practices.
October 26 -
A big acquisition engineered by Claudine Gallagher catapulted BNP Paribas into the top 10 U.S. mutual fund administrators.
September 23 -
The French banking giant said Tuesday that it had signed a pledge that guarantees paid parental leave, insurance and the right to unionize to all of its 200,000 employees worldwide.
September 18 -
Nine of the world's biggest banks won dismissal of a lawsuit accusing them of conspiring to rig bonds issued by government entities and institutions like the World Bank, after a federal judge said the investors who sued didn't show how the alleged collusion led to higher prices for the securities.
August 29 -
CEO Nandita Bakhshi explains how the bank is investing in renewable energy, female entrepreneurs and underserved consumers.
August 16 -
The French company's stake in First Hawaiian will fall to about a third after the secondary offer is completed, and First Hawaiian will buy some of the shares.
July 30 -
Aerosmith's Steven Tyler sang "Sweet Emotion" at a benefit in Central Park Monday night. His co-honoree, Jean-Yves Fillion, the chief executive officer of U.S. operations at the French bank BNP Paribas, was more reserved.
June 19 -
Since taking over as CEO of BNP Paribas in 2011, Jean-Laurent Bonnafé's watchword has been "discipline." And while there have been aberrations, this trait has enabled the bank to steadily take market share from its European competitors and increase its bottom line.
May 30 -
A planned stock offering by the French banking giant would lower its stake in First Hawaiian to 49.9%.
May 8 -
The banks' Finlabs program is seeking growth-stage firms that could eventually work with several of their business lines.
March 23