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The Latest Breaking News from BNP Paribas

BNP Paribas Exits US Commodities Finance Business: Bloomberg

BNP Paribas (OTC:BNPQY) is set to exit its commodity finance business in the U.S., following previous retreats in other parts of the world, reported Bloomberg. “The decision to exit this business was in line with our approach at EMEA,” the bank stated. “The impact is limited, and BNP Paribas remains deeply committed…

Benzinga

Hopes to revamp Carlton Square 'back to the drawing board' after funding rejected

A funding bid for previous plans failed

Nottingham Post

US stocks see worst day this year as Fed rate hike rattles investors

Dow falls 3.1% a day after the Fed chair announces biggest hike in two decades to combat inflation

The Guardian - US

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France files graft charges against children of late Gabonese leader Omar Bongo

Four children of Gabon's late president Omar Bongo have been charged in France with embezzlement and corruption, a source familiar with the case said on Thursday.

Radio France Internationale

Here's Why Citi Added Amazon To Focus List

Citi analyst Ronald Josey assumed coverage of Amazon.com Inc (NASDAQ:AMZN) with a Buy rating and price target of $4,100, down from $4,115 (29.7% upside). Josey also added the shares to the firm's Focus List, given its lead eCommerce, Online Advertising, and Cloud and operational efficiencies at its new Fulfillment Centers, physical retail location closures, and…

Benzinga

French bank BNP Paribas halts financial transactions in Russia

The French bank BNP Paribas has told its customers it will no longer process transactions in Russia after the end of March, as it halts all new projects in the country. BNP's Russian business is relatively small – with €1.3 billion of exposure to the market – but the move…

France 24

BNP Paribas Real Estate appoints Tara Cowley to lead its planning team

She will lead a new team to offer expert planning and development advice across key property sectors

Insider UK

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Europe’s biggest banks provide £24bn to oil and gas firms despite net zero pledges

Investments to drill new oil wells and tap gas reserves were made within a year of signing up

The Guardian - UK

Female banker awarded £2m after drunk colleagues left witch’s hat on her desk

Stacey Macken sued BNP Paribas after years of unequal pay and discrimination by male colleagues

The Independent UK

Banker wins £2m for sexual discrimination in ‘witch hat’ case

Stacey Macken sued BNP Paribas after years of unequal pay and belittlement by male colleagues

The Guardian - UK

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