Share Name Share Symbol Market Type
BNP Paribas EU:BNP Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.12 2.57% 44.55 44.54 44.80 44.875 43.90 44.24 3,469,291 16:40:00

BNP Paribas Sells Spanish Private Bank to Focus on Rich Clients

17/02/2022 7:31am

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By Cristina Roca


BNP Paribas SA has sold its Spanish private-banking activities to Banca March, but will continue to serve high-net-worth clients with global needs.

Privately-owned Banca March, a Spanish financial group, said late on Wednesday that it has acquired the business for an undisclosed amount. The business has assets under management of about 3.6 billion euros ($4.09 billion).

BNP Paribas plans to remain present in Spain through its wealth-management arm. In line with its strategy, it will hone its focus on serving a more affluent clientele.


Write to Cristina Roca at


(END) Dow Jones Newswires

February 17, 2022 02:16 ET (07:16 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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