News Topic: BNP Paribas
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BNP Paribas USA appoints Claudine Gallagher as new HR head
The promotion is the second this year for Gallagher, who will remain in her current role as chief conduct and control officer until a replacement is found. ... Read full article
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. ... Read full article
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. ... Read full article
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. ... Read full article
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 ... Read full article
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. ... Read full article
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. ... Read full article
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. ... Read full article
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. ... Read full article
Banks need to think outside the app
Banks need to stake out a presence on platforms that have nothing to do with banking. ... Read full article
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. ... Read full article
BNP Paribas signs commitment to expand workers' rights
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. ... Read full article
Citi among banks winning dismissal of bond-rigging suit
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 ... Read full article
Bank of the West's sustainable investment push
CEO Nandita Bakhshi explains how the bank is investing in renewable energy, female entrepreneurs and underserved consumers. ... Read full article
BNP Paribas to sell 20 million more shares of First Hawaiian
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. ... Read full article
Aerosmith's Tyler croons for BNP's Fillion at NYC parks benefit
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. ... Read full article
The JPMorgan of Europe? French giant BNP Paribas is on a roll
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 ... Read full article
BNP Paribas to relinquish majority ownership of Hawaiian bank
A planned stock offering by the French banking giant would lower its stake in First Hawaiian to 49.9%. ... Read full article
Bank of the West, BNP Paribas scout for fintech partners
The banks' Finlabs program is seeking growth-stage firms that could eventually work with several of their business lines. ... Read full article
