BNP Paribas

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.


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.


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 alleged collusion led to higher prices for the securities.