BNP Paribas
French multinational banking and financial services company
Follow BNP Paribas on Notably News to receive short updates to your email — rarely!
February 2025 | BNP Paribas and BPCE finalized a joint venture to create Estreem, aiming to become a top-three European payment processor. |
February 11 2025 | Philippe Maillard appointed as group COO, joining the executive committee and overseeing technology, IT, data, and operations, replacing Laurent David. |
2024 | At the Euromoney Awards for Excellence, BNP Paribas Fortis was named Best Bank, Best Investment Bank, and Best Bank for ESG in Belgium. |
February 6 2024 | The Federal Reserve lifted the 2014 enforcement actions against BNP Paribas after the bank improved its compliance with U.S. sanctions laws. |
January 22 2024 | bpost bank was fully integrated into BNP Paribas Fortis, with bpost bank customers joining BNP Paribas Fortis and the bpost bank brand being replaced by the BNP Paribas Fortis brand and logo in post offices. |
2023 | BNP Paribas Fortis was elected 'Best bank for digital solutions in Belgium' by Euromoney. |
2023 | Recognized as 'Best private bank in Belgium' by PWM-The Banker. |
2023 | The bank was named 'Bank of the Year in Belgium' by The Banker. |
2023 | BNP Paribas sold Bank of the West, concluding its presence in the United States through this subsidiary. |
2022 | BNP Paribas Fortis became a 100% shareholder of bpost bank by acquiring the remaining 50% stake held by bpost, simultaneously signing an exclusive seven-year commercial agreement. |
2022 | BNP Paribas achieved total revenues of €50.4 billion, representing a 9% increase compared to 2021, maintaining its top position among French banks. The group's net income attributable to equity holders increased by 7.5% to 10.2 billion euros. |
December 2021 | BNP Paribas announced its exit from US retail banking by selling Bank of the West to the Bank of Montreal for $16.3 billion. |
2020 | BNP Paribas reported a geographic breakdown of Net Banking Income (NBI): Europe (72.2%), North America (12.9%), Asia Pacific (8.6%), and other regions (6.3%). |
May 2020 | BNP Paribas ended its 39-year partnership with RSC Anderlecht in early May. |
March 10 2020 | BNP Paribas Fortis became a 25% shareholder of Batopin, a joint initiative with KBC, Belfius, and ING Belgium to manage a neutral ATM network under the Bancontact CASH brand. |
2019 | BNP Paribas supported the Femis Residence and Mille visages initiative to democratize the cinema environment. |
2019 | BNP Paribas divested its ownership of First Hawaiian Bank. |
2018 | BNP Paribas created the production company BNP Paribas Pictures to support young cinema talents through an investment fund. |
March 2018 | Financial Times published an investigative article exposing BNP Paribas's unbooked trades and potential risk management issues from December 2015. |
2016 | BNP Paribas reached an undisclosed settlement with a Jewish employee who filed a $40 million lawsuit, following incidents of antisemitic behavior including a controversial training video parodying the movie Downfall and anti-semitic comments by colleagues. |
2015 | François Villeroy de Galhau was appointed Governor of the Bank of France |
December 2 2015 | BNP Paribas failed to book trades in structured products in Germany, with potential impact on 8,500 trades between December 2nd and 9th. |
2014 | BNP Paribas was designated as a Significant Institution under European Banking Supervision and began direct supervision by the European Central Bank. |
September 2014 | BNP Paribas completed the purchase of BGZ Bank for approximately $1.3 billion. |
July 1 2014 | BNP Paribas pled guilty in a New York state court to falsifying business records and conspiracy, agreeing to pay a record $8.9 billion fine and being barred for one year from certain US dollar-dominated transactions. |
May 30 2014 | The Wall Street Journal reported that the U.S. Department of Justice was negotiating a potential guilty plea with BNP Paribas for violating U.S. regulations and evading sanctions, with a possible fine of over US$10 billion for laundering up to US$100 billion from Sudan, Iran, and Cuba. |
2013 | BNP Paribas was awarded the Bank of the Year award by The International Financing Review (IFR). |
December 2013 | BNP Paribas reached an agreement to acquire Rabobank's Polish unit BGZ Bank for around $1.4 billion. |
2010 | The French government's Autorité de la concurrence fined BNP Paribas and 10 other banks €384 million for colluding to charge unjustified fees on check processing, including extra fees during the transition from paper check transfer to electronic 'Exchanges Check-Image' transfer. |
October 2010 | Bloomberg and Forbes ranked BNP Paribas as the largest bank and largest company in the world by assets, with over US$3.1 trillion in assets. |
This contents of the box above is based on material from the Wikipedia articles BNP Paribas Fortis & BNP Paribas, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.