Category: BNP Paribas

France’s BNP Paribas Postpones Return to Office for US Staff

NEW YORK—BNP Paribas is pushing back its return-to-office date for U.S. employees by nearly a month to the second week of February due to the Omicron variant, an executive at France’s largest bank told Reuters. Wall Street firms were among the first to encourage staff to return to offices, but a winter wave of COVID-19…


Canada’s Bank of Montreal to Buy Bank of the West From BNP Paribas for $16 Billion

TORONTO/PARIS—Bank of Montreal said on Monday it will buy BNP Paribas’ U.S. unit, Bank of the West, for $16.3 billion in a deal that will allow the Canadian bank to double its footprint in the world’s biggest economy, while giving France’s biggest bank a huge step up in firepower for deals. The deal gives BMO,…