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5th Annual Bancassurance Forum 2012


Briefly

January 19, 2012 Bank of America reports fourth quarter 2011 net income of $2 billion, compared with net loss of $1.2 billion in fourth quarter 2010.

January 18, 2012 Goldman Sachs reports net revenues of $28.81 billion and net earnings of $4.44 billion for the year ended December 31, 2011.

January 5, 2012 ZKB, the largest cantonal bank in Switzerland, told US customers it was closing their accounts.

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BNP Paribas

Logo of BNP ParibasBNP Paribas is the largest bank in the world by assets. BNP Paribas is a leading European provider of financial services on a worldwide scale. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Retail Banking, the Group has four domestic markets: Belgium, France, Italy and Luxembourg. Total assets: €1.998 trillion, market capitalization: €57.1 (as of December 31, 2010). Net profit: €7.843 billion (2010).

BNP Paribas is rolling out its integrated model across the Europe-Mediterranean zone and boasts a large network in the United States. BNP Paribas Personal Finance is the leader in consumer lending in Europe. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe and solid and fast-growing businesses in Asia. The Group has a presence in more than 80 countries and more than 200,000 employees, including more than 160,000 in Europe.

BNP Paribas was formed through the merger of Banque Nationale de Paris (BNP) and Paribas in 2000.


These ads are not affiliated with BNP Paribas

Headquarter:
Paris, France
Key People:
Baudouin Prot (CEO), Michel Pébereau (Chairman)
Company Type:
Public (Euronext: BNP, Pink Sheets: BNPQY)
Head Office:16 Blvd. des Italiens, Paris, 75009
Phone: +33 (0)1 40 14 45 46
Fax: +33 (0)1 42 98 21 22
SWIFT (BIC):BNPAFRPH
Founded:2000
ID: 242. Updated: 30.01.2012
Website:www.bnpparibas.com Twitter: BNPParibas_com
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The directory of banks is published solely as a courtesy. We assume no responsibility or liability for the accuracy or completeness of the listings in directory. The data contained in this directory has been compiled from a number of sources, however, we have not independently verified the data. Therefore you may wish to verify the data with your Bank institution.

BNP Paribas :: Press Releases

14.09.2011 BNP Paribas is taking steps to cut risk-weighted assets by about 70 billion euros to increase the capital ratio by 1 percentage point by the end of next year under Basel III rules.
04.05.2011 BNP Paribas reports first quarter 2011 net profit of €2.616 billion (approx. US$ 3.9 billion), compared to €2.283 billion in the first quarter 2010 (up 14.6%).
12.10.2010 BNP Paribas Securities Services' NeoLink client portal is now available on iPad. NeoLink gives clients instant access to all of their on-line applications. More
28.07.2010 Fortune Magazine has published «Global 500», its annual global rankings of America's largest corporations. BNP Paribas is 18th place in this year's rankings, up six spots from 2009. More
27.10.2009 In 2009 BNP Paribas marks its 15th anniversary in Bulgaria. The Bank has been actively supporting Bulgaria's ambition to win again a well-deserved place in the European family, to which it belongs both historically and culturally. More

Financial News

 Three Swiss bankers indicted by U.S. in tax crackdown - 09.01.2012
U.S. authorities are moving toward taking legal action against Wegelin & Co., which could lead to an indictment of one of Switzerland's last pure private banks, on charges that it enabled wealthy Americans to evade taxes, according to two persons with knowledge of the case.
Source: Reuters
 Islamic finance assets to hit US$ 1.1 trillion in 2012 - 22.11.2011
Islamic finance assets around the world are expected to climb 33% from their 2010 levels to $1.1 trillion by the end of 2012, boosted by the aftermath of the Arab Spring uprisings and dissatisfaction with conventional finance in the wake of the global debt crisis, consultants Ernst & Young said in a report on Tuesday.
Source: Reuters
 Credit union business grows as consumers sour on banks - 07.11.2011
The big banks may have dropped the debit card fees, but the credit unions are the ones picking up the business.
Source: Reuters
 Spanish bank ratings downgraded by Fitch and S&P - 12.10.2011
Two leading credit rating agencies have downgraded some of Spain's largest banks, citing a deteriorating outlook for the Spanish economy.
Source: BBC News
 Spotlight on Islamic Retail Banking – strategies for fast growing industry - 07.10.2011
Islamic Banking is young but fast growing industry what brings challenges as need for standardization, expanding at the market (now < 1% population is banking Islamic Banks), lack of public awareness about Islamic Banking (misinterpretation) and limited resources of qualified people in this particular industry.
Source: Fleming Gulf
 JBIC inks $43bn credit line pact with Japan banks - 05.10.2011
The Japan Bank for International Cooperation (JBIC) said Wednesday that it has signed separate pacts with three major Japanese banks to give them a combined $43 billion, or Y3.3 trillion, credit line, as part of the government's steps to encourage companies to go ahead with M&As overseas.
Source: Nikkei
 U.S. banks begin charging monthly debit-card fees - 01.10.2011
Get ready for a new wave of bank fees. Bank of America will begin charging a $5 monthly fee at the beginning of next year for customers who make debit card purchases.
Source: CNNMoney

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