BNP Paribas

BNP Paribas out front on digital asset storage


National banks just got the OCC's go-ahead this summer to hold and transfer digital assets like bitcoin for customers, but the Paris-based bank has already vetted the technology needed to do the job.


BNP Paribas is latest bank to join IBM cloud project


The IBM-BNP collaboration and other new developments show that high-profile breaches haven't deterred banks from using the cloud to store data.


Senate Republicans target banks refusing services to ICE contractors


Five Republican senators want to cut off deposit insurance for banks that have stopped offering financial services to firms that operate detention facilities and private prisons on behalf of the federal government.


Bank of the West nudges customers to be more eco-friendly


The bank is working with a Swedish fintech to offer a tool that lets account holders track how their spending choices might be contributing to climate change. The tool may never be a big moneymaker, but it could help the San Francisco bank attract customers and recruit employees.


Fidelity wins crypto custody charter; HSBC plans restructuring


The charter may provide greater confidence for digital currency investors; bank expects to make large-scale job cuts in its global banking and markets unit.


After cutting 802,000 jobs, some big banks are adding staff


Hundreds of thousands of jobs have disappeared on Wall Street since the 2008 financial crisis and some of the biggest banks haven't stopped cutting. Still, some firms managed to reverse the trend and are slowly boosting staff levels.


Banks try new tools to learn what doesn't click in digital


Page views and sales results don't explain which customers do what, and why they do things (or don't do them), in online and mobile banking.


BNP Paribas selling remaining stake in First Hawaiian


The French banking giant has spent months winding down its holdings in the $20 billion-asset bank.


Banks need to think outside the app


Banks need to stake out a presence on platforms that have nothing to do with banking.


Blockchain slashes approval time on syndicated loans, BBVA says


BBVA, BNP Paribas and MUFG recently used BBVA's blockchain to reach an agreement within 24 hours — instead of two weeks — to lend a Spanish power company $150 million.