You know things are bad when even the calvary gets scared. BNP Paribas is backing out of its potential merger with Societe Generale, the troubled French financial giant walloped by an errant trader who racked up $7 billion in losses earlier this year. In an announcement, BNP said, "Given...
Moody's Investors Service assigned first-time ratings to BNP Paribas -- Argentine Branch BNP. These are long- and short-term local-currency deposit ratings of Ba1 and Not Prime, and long- and short-term foreign-currency deposit ratings of Caa1 Moody's Investors Service assigned first-time...
Moody's Investors Service assignedfirst-time ratings to BNP Paribas -- Argentine Branch BNP. These arelong- and short-term local-currency deposit ratings of Ba1 and NotPrime, and long- and short-term foreign-currency deposit ratings of Caa1and Not PrimeMoody's Investors Service assignedfirst-time ratings to BNP Paribas -- Argentine Branch BNP. These arelong- and short-term local-currency...
PACKAGING PRODUCTS supplier Crown Holdings Inc has entered into an agreement with BNP Paribas to purchase shares of its common stock for approximately $100m under an accelerated share repurchase programme. The ... PACKAGING PRODUCTS supplier Crown Holdings Inc has entered into an agreement with BNP...
NEW YORK -- BNP Paribas and Bank of America have signed an agreement whereby the accounts of certain non-US wealth management clients currently managed by Bank of America's Global Wealth & Investment Management division will be transferred to BNP Paribas' US-based wealth management affiliate, BNP Paribas Investment Services. The transaction...
OLDWICK, N.J. -- A.M. Best Co. has assigned a financial strength rating FSR of A+ Superior and an issuer credit rating ICR of "aa" to BNP Paribas Assurance S.A.'s BNP Paribas Assurance France main subsidiaries in France and the Netherlands. Concurrently, A.M. Best has assigned an FSR of A Excellent...
NEW YORK -- BNP Paribas today announced the completion of a private recapitalization of Loftware, Inc., based in York, Maine. A team of investors led by the Private Capital Group of BNP Paribas and including Greyrock Capital Group has purchased an interest in the Company in anticipation of continued expansion...
PARIS -- On 8 March 2007 the Board of Directors of BNP Paribas appointed Ms. Suzanne Berger as Director upon the proposal of the board's Corporate Governance and Nominations Committee. Ms. Berger is American and a Professor of political science at the Massachusetts Institute of Technology MIT in Cambridge, Massachusetts...
AsiaInfo Services 09-27-2004 BNP Paribas Offers Export Buyer's Credit to Huawei SHENZHEN, Sep 27, 2004 SinoCast via COMTEX -- BNP Paribas SA recently provided USD 28 million export buyer's credit to Algeria Telecom for its import of communica AsiaInfo Services...
LONDON & NEW YORK -- DataSynapse, the fastest-growing provider of grid computing solutions for the virtual enterprise, today announced that BNP Paribas' global structured credit group has successfully implemented its infrastructure software, GridServerR. In doing so, DataSynapse has helped BNP Paribas generate new revenue opportunities and expand its current derivatives...
NEW YORK -- Reuters (LSE: RTR, Nasdaq: RTRSY), the global information company, announced today it will provide Reuters Messaging RM service to BNP Paribas BNPP, the leading French bank.
NEW YORK -- BNP Paribas is pleased to announce the appointment of Aaron Ford as a Managing Director and senior equity derivatives marketer. He is based in New York and reports to Nicholas Kello, Managing Director and head of equity derivatives sales for financial institutions.
JPMorgan Chase has sold its Spanish wealth management business to BNP Paribas for E750m. Chase Manhattan Ahorro and Chase Manhattan Prevision ... JPMorgan Chase has sold its Spanish wealth management business to BNP Paribas for E750m. Chase Manhattan Ahorro and Chase Manhattan Prevision will be...
STAMFORD, Conn. -- BNP Paribas, the most profitable bank in the Euro zone, has selected Enamics to help it manage technology's contribution to the corporate value chain, Enamics announced today. BNP Paribas will take advantage of Enamics' rich range of intellectual property, from the Enamics BTM FrameworkTM to the knowledge...
Russian Railways Co., the country's state-owned rail monopoly, said it had accepted a proposal to borrow 24 billion euros (US$29 billion) in loans arranged by a foreign group including Siemens and BNP Paribas, enabling the transport company to upg Russian Railways Co., the...
French bank BNP Paribas has signed a multi-year services deal with IBM worth up to E1bn, signalling the spread of outsourcing in continental Europe. French bank BNP Paribas has signed a multi-year services deal with IBM worth up to E1bn, signalling the spread of...
Moody's Investors Service has assigned local currency deposit ratings of Baa1/Prime-2 to Turk Ekonomi Bankasi TEB. The outlook on the Baa1 long-term local currency deposit rating is positive. TEB's Baa1 local currency deposit rating is derived f Moody's Investors Service has assigned local...
With AT&T Tech Support 360, you'll have certified, U.S. based technicians on call 24/7 to help keep your computers, connections, software and peripherals up to speed for just 82¢ a day.
