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

Dow Jones News


BNP Paribas (EU:BNP)
Historical Stock Chart


From Jan 2022 to Jul 2022

Click Here for more BNP Paribas Charts.

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 cristina.roca@wsj.com

 

(END) Dow Jones Newswires

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

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

1 Year BNP Paribas Chart

1 Year BNP Paribas Chart

1 Month BNP Paribas Chart

1 Month BNP Paribas Chart
ADVFN Advertorial
Your Recent History
EU
BNP
BNP Pariba..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20220707 17:20:47