We could not find any results for:
Make sure your spelling is correct or try broadening your search.
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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.43 | 0.60% | 71.63 | 71.53 | 71.85 | 72.17 | 71.17 | 71.50 | 1,870,517 | 16:40:00 |
By Olivia Bugault
Banco de Sabadell SA said Monday that it has agreed to sell its institutional depositary business to BNP Paribas SA for 115 million euros ($128 million).
The transaction between the Spanish bank and BNP Paribas Securities Services SCA, known as BP2S, should close during the second quarter of 2021 and generate EUR75 million of net capital gain, Sabadell said.
"The agreement foresees additional collections after the closing subject to the fulfillment of certain objectives linked to the volume of the assets under deposit of BP2S and the incomes for such commissions," Sabadell said about the value of the deal.
Sabadell's institutional depositary business had roughly EUR22 billion in assets under deposit at the end of last year.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
March 30, 2020 02:38 ET (06:38 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year BNP Paribas Chart |
1 Month BNP Paribas Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions