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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.14 | 0.21% | 67.87 | 67.86 | 67.89 | 69.27 | 67.58 | 68.68 | 501,251 | 08:33:47 |
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.
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