How banks can herd ‘unicorn’ clients
Tech startups differ from a bank’s typical commercial clients; many want a trusted financial adviser. ... Read full article
News Topic: BNP Paribas
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Bank of the West names new commercial tech head
Andreas Bubenzer-Paim previously held a technology role at Bank of America. ... Read full article
Inside Bank of the West's eastward expansion
The San Francisco bank hopes to win middle-market business from its new commercial offices in Cleveland and Dallas. ... Read full article
Tech overhaul begins to pay off for State Street
Advancements aimed at speeding the flow of information by eliminating manual processing are helping the global custody bank attract new clients and win more business from existing ones, fueling revenue growth and improving efficiency. ... Read full article
BNP Paribas fined $246 million over currency manipulation
BNP Paribas agreed to pay $246 million to settle Federal Reserve allegations that the bank failed to keep its currency traders from using electronic chatrooms to manipulate prices. ... Read full article
‘We’re in production’: Bank execs on the state of play for blockchain
While banks are in various stages of development when it comes to distributed ledger technology, the industry is farther along than many would assume, big-bank technology executives say. ... Read full article
Silicon Valley Bank CFO promoted to president
The bank also announced that it has recruited a BancWest executive to replace Michael Descheneaux as CFO. ... Read full article
BancWest’s 1Q profit falls despite revenue growth
A one-time capital gain in last year’s first quarter obscured strong loan and deposit growth at BNP Paribas' U.S. subsidiary. ... Read full article
BNP Paribas to acquire French digital bank startup
The neobank Compte-Nickel has opened more than 540,000 accounts since its launch three years ago. ... Read full article
Huntington taps Bank of the West exec to lead retail bank
Andy Harmening will succeed longtime retail banking chief Mary Navarro, who is retiring in June. ... Read full article
Why Bank of the West is flaunting its global reach
The San Francisco firm unveiled a new logo that prominently depicts its connection to its longtime owner, BNP Paribas. In doing so, it is wagering that any fallout from negative public perceptions of global megabanks will be outweighed by new opportunities ... Read full article