The acquisition would have a limited impact on BNP Paribas’ financial profile while it would double the size of the group’s already successful retail banking operations in California, providing opportunities for significant cost cutting and synergies. The negative impact on BNP Paribas’ capital base should be contained. Despite the $2.4 billion cash price and expected goodwill of EUR1.5 billion, BNP Paribas is expected to restore its Tier 1 Bank for International Settlements ratio to above its 7% medium-term target by mid-year 2002. UCB has a sound financial profile, characterized by strong capitalization and asset quality, as well as good and stable profitability. The acquisition is subject to the appropriate regulatory approvals.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more