After the sale of its American network, BNP Paribas on the lookout for opportunities


Posted on 20 Dec. 2021 at 17:30Updated 20 Dec. 2021 at 17:48

A date to be marked with a white stone. Subject to the closing of the transaction, by selling Bank of the West for 16.3 billion dollars, BNP Paribas announced on Monday one of its most important disposals, if not the most important.

In addition to the geographic refocusing implied by the operation – less North America, more Europe – what appears transforming is all the potential it presents: the group should find itself at the head next year. a war chest of around 7 billion euros, the equivalent of 10% of its market capitalization.



Source link -90