Topic: BNP Paribas SA
Euro inflation accelerates to 0.9% in December: EU
AFP Global Edition
Annual inflation accelerated across the 16 nations using the euro in December, with the rate of increase for consumer prices nearly doubling, official data showed on Tuesday. Prices climbed 0.9 percent according to a flash estimate from the European Union's Eurostat data agency -- a loosening from the 0 ...
Regulators list systemic risk institutions: report
Reuters US Online Report Business News
LONDON (Reuters) - Thirty global financial institutions have been selected for cross-border supervision exercises by regulators, the Financial Times reported on Monday. Compiled under the guidance of the Financial Stability Board (FSB), an international body of regulators and central bankers, the list is part of an effort to pre-empt the spread ...
BNP Paribas, Deutsche Bank sue Bank of America
AP News
BNP Paribas, Deutsche Bank sue Bank of America over failure to repay $1.73B in notesDeutsche Bank AG and a BNP Paribas unit sued Bank of America NA on Wednesday over allegations the bank failed to pay back $1.73 billion in secured notes. The two sued for breach of ...
Chinese banks may need to raise billions: reports
AFP Global Edition
Chinese banks may need to raise billions of dollars in the next few years as massive lending erodes their capital and leaves them vulnerable to bad debts, a pair of research reports has warned. Listed banks could raise more than 300 billion yuan (44 billion dollars) as they come under ...
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