MILAN—Workers at BNL, the Italian arm of French banking group BNP Paribas, went on strike for the first time since the 1990s on Monday in protest at back office and IT staff cuts. Italian banking unions said the strike was “a great success,” adding that take-up had been solid. “The bank’s internal offices were completely…
Deutsche Bank and Commerzbank Warn on Inflation; BNP Wants Growth
November 19, 2021
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FRANKFURT—The chief executives of Germany’s two top banks, Deutsche Bank and Commerzbank, warned about inflation on Friday, while the chairman of BNP Paribas said the real issue is growth. The bankers were speaking at a conference in Frankfurt as investors closely watch the European Central Bank for its reaction to accelerating inflation. Deutsche Bank CEO…
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