Search Results for: BNP Paribas
BNP Paribas ordered to pay $90 Million penalty; The reason?
August 31st, 2018
The Commodity Futures Trading Commission (CFTC) issued an Order filing and settling charges against BNP Paribas Securities Corp. (BNP Paribas or the Bank) for attempted manipulation of the ISDAFIX benchmark and requiring BNP Paribas to pay a $90 million ...
BNP Paribas Launches WeChat Pay In Europe
November 10th, 2017
BNP Paribas, Europe’s leading bank for Cash Management, is introducing WeChat Pay a popular mobile payment solution in China, to retailers in France and subsequently across Europe, thus underlining its determination to support retail sector clients wishing to attract ...
BNP Paribas and EY explore private blockchain
October 17th, 2017
BNP PARIBAS ALM Treasury and EY today announced they successfully completed a pilot demonstrating the feasibility of using blockchain to optimize the global internal treasury operations of the bank. The ALM Treasury department, which manages the bank’s internal treasury, ...
BNP Paribas fined millions for unsafe practices in the Forex markets
July 18th, 2017
Federal Reserve Board announces $246 million fine against BNP Paribas S.A. and certain of its U.S. subsidiaries for unsafe and unsound practices The Federal Reserve Board on Monday announced that it will fine BNP Paribas S.A. and certain of ...
BNP Paribas jumps into virtual reality
May 31st, 2017
BNP Paribas is the latest financial services firm to dabble in virtual reality, unveiling a VR-based app for retail banking customers and a ‘teleportation’ capsule for home buyers. The mobile app lets French retail banking customers go through their ...
BNP Paribas to pay a $350 million fine for illegal conduct in Forex trading
May 25th, 2017
DFS fines BNP Paribas $350 million for illegal, unsafe and unsound conduct in connection with BNPP’s foreign exchange trading business Foreign Exchange “Cartel” Manipulated Foreign Exchange Rates, Engaged in Collusion, Executed Fake Trades, Coordinated Trading to Enhance Profits at ...
BNP Paribas Wealth Management launches unique content platforms for its private clients
May 2nd, 2017
Youmanist: dedicated to upscale lifestyle content “Wealth” e-mag: answers clients’ investing and finance questions Voice of Wealth: helps users decode their financial world with experts sharing insights Expert Voices: blogging platform on market and asset classes BNP Paribas Wealth Management ...
Eight new BNP Paribas ETCs from metals and energy sectors launched on Xetra
April 20th, 2017
ETCs provide access to Rogers International Commodity Enhanced Indices (RICI) commodity index family Eight new exchange traded commodities (ETCs) issued by BNP Paribas Arbitrage Issuance B.V. are tradable on Xetra and Börse Frankfurt since yesterday. The ETCs give investors ...
Compte-Nickel and BNP Paribas join forces to strengthen commercial partnership with the Confédération des Buralistes de France
April 4th, 2017
BNP Paribas and Financière des Paiements Électroniques (FPE), which provides the Compte-Nickel payments account, have signed a Memorandum of Understanding for the purchase of a 95% stake in FPE by the Bank. The exclusive partnership between Compte-Nickel and the Confédération ...
BNP Paribas completes its first real-time Blockchain payments
December 21st, 2016
BNP Paribas today announced it has processed several live payments for two of its longstanding corporate clients, Amcor, global leader in packaging solutions and Panini Group, international leader in collectables and trading cards. This news follows the announcement in September ...
