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.
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.
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.
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.
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.
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 increase its bottom line.
