The Latest Breaking News from BNP Paribas

On March the 28, 2023, in Paris, the offices of five major banks – BNP Paribas, Société Générale, Natixis, HSBC and Exane (a subsidiary of BNP Paribas)- - were raided as part of preliminary investigations opened in 2021 for suspected tax fraud and tax laundering. These investigations, ordered by the…

BENGALURU: BNP Paribas, the euro zone's biggest bank, said on Tuesday its wealth management arm will launch in Thailand to expand its presence in Asian markets.

Five of France's biggest banks are facing scrutiny in an ongoing investigation into possible tax fraud. BNP Paribas and Société Générale were among the lenders whose Paris offices have been raided by French prosecutors. They're accused of helping facilitate tax avoidance related to dividend payments. Also in the show -…

Workers won’t be afraid to jump ship if strict return-to-office mandates are enforced, according to a top executive at Europe’s second-biggest bank.

Action against one of Europe’s largest financial institutions is the first climate-related lawsuit against a commercial bank

French bank BNP Paribas said Tuesday it plans to cut its financing of oil extraction and production by 80 percent by 2030. The announcement follows a threat by three activist groups to sue the bank for continuing to finance oil and gas projects.

Climate change-related litigation has more than doubled in the past seven years globally according to a June report by the London School of Economics, and is moving beyond traditionally polluting industries such as fossil fuel production.

French banks are “massively” financing deforestation in the Amazon rainforest and tropical Cerrado savanna – providing hundreds of millions of euros to Brazilian agribusiness giants responsible for driving forest loss over the past decade, a coalition of NGOs and media outlets has warned.

Climate change-related litigation has more than doubled in the past seven years globally according to a June report by the London School of Economics, and is moving beyond traditionally polluting industries such as fossil fuel production.

BNP Paribas has been urged to cease its support for the expansion of fossil fuels by three NGOs who are threatening the banking giant with unprecedented legal action. The move came on the eve of the annual Climate Finance Day, hosted in Paris.

A widely expected rise in interest rates has been put on hold due to the death of the Queen