Tag: Paribas

Belgium to Sell Part of BNP Paribas Stake for More Than $2 Billion

PARIS—Shares in French bank BNP Paribas fell on Wednesday, after the Belgian state participation agency SFPI had said it was preparing the sale of a third of its 7.8 percent equity stake in the euro-zone’s biggest bank. The Belgian state participation agency on Tuesday said it will dispose of around 2.7 percent in the French…


Staff at BNP’s Italian Bank Stage First Strike Since 1990S

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…