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BNP Paribas upgraded to outperform at KBW

LONDON (MarketWatch) -- Keefe, Bruyette & Woods upgraded BNP Paribas to outperform from market perform Wednesday, saying the bank's main markets have...

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BNP Paribas upped to outperform from market perform at KBW

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the...

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Belgium mulls Fortis shareholder compensation -paper

BRUSSELS, Jan 6 (Reuters) - The Belgian government will discuss on Tuesday whether Fortis shareholders could be compensated for their loss since the break-up and sale of the group to BNP Paribas , Belgian daily De Tijd said.

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Sundaram BNP Paribas raises stake in PSL

MUMBAI: Steel pipe manufacturer PSL informed the Bombay Stock Exchange that institutional investor Sundaram BNP Paribas has hiked its stake in the company by 2.34 per cent, purchasing shares worth Rs. 3.98 crore, taking its total stake to 5.18 ...

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Crude oil prices surge

NEW YORK, Dec. 31 (UPI) -- Crude oil prices soared Wednesday on the New York Mercantile Exchange, although prices closed more than $50 below levels that closed out 2007. The path of least resistance appears to be up for now, said Tom Bentz, a broker at BNP Paribas told The Wall Street Journal. Crude oil prices closed up $5.34 at $45.59 per barrel. Heating oil prices gained 0.1541 cents to $1.4421...

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Fortis Books a Currency Loss

Fortis booked a $411 million loss from currency sales to prepare for BNP Paribas's stalled deal for certain assets.

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Fortis Books a Currency Loss

Fortis booked a $411 million loss from currency sales to prepare for BNP Paribas's stalled deal for certain assets.

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SBI Life set to alter cash chase route

Calcutta, Dec. 25: SBI Life Insurance Company, a joint venture between the State Bank of India and France's BNP Paribas Assurance, is reworking its capital infusion plan for 2009-10.

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Fortis loses some $412 mln due to suspension of breakup

Belgian-Dutch financial services group Fortis said Wednesday it lost 295 million euros (about 412.35 million U.S. dollars) because of the court-ordered freeze of the sale of its Belgian assets to French bank BNP Paribas. The company said in a statement that it acquired U.S. dollars and pounds sterling on Dec. 8 in preparation for the sale transactions. The money was intended to fund the envisaged structured...

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Fortis loses euro295 million due to troubled takeover

The troubled Belgian-Dutch bank Fortis, whose suspended takeover by BNP Paribas brought down the Belgian government, said Wednesday the aborted deal also cost it euro295 million in currency transactions.

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Fortis loses euro295 million due to troubled takeover

The troubled Belgian-Dutch bank Fortis, whose suspended takeover by BNP Paribas brought down the Belgian government, said Wednesday the aborted deal also cost it euro295 million in currency transactions.

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Fortis loses euro295 million due to troubled takeover

The troubled Belgian-Dutch bank Fortis, whose suspended takeover by BNP Paribas brought down the Belgian government, said Wednesday the aborted deal also cost it euro295 million in currency transactions.

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Fortis loses euro295 million due to troubled takeover

The troubled Belgian-Dutch bank Fortis, whose suspended takeover by BNP Paribas brought down the Belgian government, said Wednesday the aborted deal also cost it euro295 million in currency transactions. Fortis NV said it bought U.S. dollars and British...

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Sembcorp Marine reaches US$50.7m settlement with BNP Paribas

SINGAPORE : Sembcorp Marine has reached a full settlement with BNP Paribas over its foreign exchange trading losses incurred last year.

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Fortis reports EUR 295 million of currency losses following suspension of transactions

In preparation of the contemplated closing of the transactions with the Belgian government and BNP Paribas announced on 6 October, Fortis acquired US dollars and pounds s.. - Read more