BNP PARIBAS ORD FF 2 Stock News

BNP Paribas is set to sell off its US unit for $16.3bn, after battling for a share of the regions retail banking market. Shares inched 0.5 per cent

Tighter Policy Is Everything Banks Could Wish For By Michael Msika, Bloomberg Markets Live commentator and reporter After the U.S. Federal Reserves expected hawkish pivot last night, its now down to the European Central Bank and the Bank of England to address surging inflation. Their decisions will have a big impact on banking stocks, which have strongly outperformed in 2021. Banks have gained almost 30% this year, vying with technology stocks as the top sector, amid strong results and as stickier-than-expected inflation has fueled rate-hike expectations. A hawkish tilt in monetary policy heading into 2022 is what the sector needs to keep its rally going. Banks are the key play on potentially rising yields and on the re-steepening of the yield curve next year, say JPMorgan strategists led by Mislav Matejka. Despite the rally this year, lenders are not expensive. With a blended forward P/E of 8.5 and a forward price-to-book of 0.6, the sector is still historically cheap, on an absolute and a relative basis.

M&S has signed a new £850m revolving credit facility (RCF) with BNP Paribas that will offer discounted interest rates based on performance against four key areas of the retailer''s net-zero strategy.

BNP Paribas SA (EPA:BNP)s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of 55.04 ($61.84) and traded as high as 57.49 ($64.60). BNP Paribas shares last traded at 56.71 ($63.72), with a volume of 2,229,664 shares changing hands. A number of brokerages recently []

BNP Paribas (EPA:BNP) has been assigned a €64.00 ($71.91) price target by stock analysts at UBS Group in a research note issued on Wednesday, Borsen Zeitung reports. UBS Group’s price objective would suggest a potential upside of 14.10% from the company’s previous close. BNP has been the subject of several other research reports. Berenberg Bank […]

The firm adds four new strategies to its recently-launched mandates platform.

BNP Paribas SA (EPA:BNP)s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of 55.04 ($61.84) and traded as high as 57.49 ($64.60). BNP Paribas shares last traded at 56.71 ($63.72), with a volume of 2,229,664 shares. Several research firms have issued reports on []

Ardian has acquired a Madrid-based office building from BNP Paribas Group.

BNP Paribas, China Construction Bank (Asia), DBS, MUFG, Societe Generale and Standard Chartered have all joined the iLex platform to “accelerate the digitization of corporate loan markets.” The 6 global syndicated loan book runners are joining iLex as partner banks in order to support “innovation… Read More

Stronger economic fundamentals and vaccination progress mean the 2022 outlook for Asian equities, and more broadly global emerging market equities, is rosier now than it was at this time a year ago, argues Zhikai Chen, head of Asian equities. Listen to the podcast with Zhikai Chen, head of Asian equities, as he discusses the Writen by Zhikai Chen . The post Market weekly Emerging markets head into 2022 in better shape (read or listen) appeared first on Investors'' Corner - The official blog of BNP Paribas Asset Management, the sustainable investor for a changing world .

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BNP Paribas is to lose its head of securities services for Australia and New Zealand and State Street is losing three senior executives in unrelated developments which emerged earlier this month. David Braga, the chief executive of BNP Paribas Securities Services, Australasia, has resigned and will leave the organisation at Christmas. He is currently continuing [Read More...]