BNP Paribas will keep some sensitive customer data and critical operations off public cloud infrastructure even after signing a five-year cloud and AI partnership with Google , the French bank said on Thursday.
A group of 10 banks is providing a $22 billion chip loan to support Blackstone and Alphabet's new cloud venture Crux AI, Bloomberg News reported on Wednesday, citing people with knowledge of the matter.
France's BNP Paribas and South Korea's KB Kookmin Bank are in separate talks to acquire at least a 15% stake in Vietnam's Techcombank as strategic investors, in a deal that could be worth $2 billion, two sources said.
BNP Paribas has received a regional headquarters licence in Saudi Arabia, Saudi state news agency SPA reported on Tuesday, as France's biggest bank joins other international companies expanding their presence in the kingdom.
SUDAN LITIGATION: STATEMENT FROM BNP PARIBAS Paris, 23rd August 2026 BNP Paribas is confident that the trial court fundamentally misconstrued Swiss law, committed numerous legal errors and sidelined highly relevant evidence showing that the financial transactions at issue were authorized under Swiss and European law. The Bank's arguments were strongly supported by amicus briefs filed by the G...
UBS reiterated its 'overweight' stance on European banks after a strong second-quarter earnings season prompted fresh upgrades to profit forecasts across the sector. The 40 major lenders UBS tracks reported pre-tax profit around 6% above consensus, helped by better net interest income, stronger fee income and stable costs.
BNP Paribas sees a path toward a cost-income ratio of around 50% over time as it steps up efficiency measures, Chief Executive Jean-Laurent Bonnafe said on Thursday.