Previous close | 68.60 |
Open | 67.91 |
Bid | 67.64 x 0 |
Ask | 68.04 x 0 |
Day's range | 67.91 - 68.06 |
52-week range | 53.50 - 72.50 |
Volume | |
Avg. volume | 581 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
The boss of the euro zone's most valuable lender BNP Paribas on Tuesday played down expectations for a revival of M&A activity in European banking, saying the economics of cross-border and even some domestic deals rarely made sense. Jean-Laurent Bonnafe's comments to BNP's annual shareholder meeting comes after Spain's BBVA last week launched a hostile 12.2 billion euro ($13.20 billion) takeover bid for domestic peer Sabadell, and after French President Emmanuel Macron said on Monday that Europe needed more banking consolidation.
U.S. investors are buying up London commercial property at the fastest rate in eight years, data compiled by BNP Paribas's real estate arm showed, lured by signs the market in Britain is recovering faster than the harder-hit United States. Commercial property values and sales have plunged globally in recent years - including in Britain - as soaring borrowing costs and emptying post-pandemic offices have eroded investments. Vacancy rates have jumped, especially in the U.S.
BNP Paribas was ordered by a U.S. judge on Thursday to face a lawsuit accusing the French bank of helping Sudan's government commit genocide between 1997 and 2011 by providing banking services that violated American sanctions. Hellerstein said the bank's admission that its employees recognized its role in giving Sudanese entities access to the U.S. banking system meant it could not now argue differently.