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Home > Company Index > Banking > Banking - Europe > BNP Paribas Group

BNP Paribas Group
 NEWS FROM THE STANDARD
A Lot to Digest
May 07 2001 09:08 AM PDT

International News Briefs
Mar 13 2000 12:00 AM PST

 PROFILE
No Napoleon complex here. One of Europe's largest banks, BNP Paribas Group was formed in the 1999 merger of Banque Nationale de Paris and Paribas. In addition to its more than 2,100 domestic retail branches, BNP Paribas is active in nearly 85 countries. In the US, it owns regional bank holding company BancWest. BNP Paribas has corporate, retail, and investment banking operations. Other divisions focus on international retail banking, specialized financial services, private banking, asset management, and insurance. Banque Nationale de Paris had tried to take over Paribas and Société Générale to create the world's largest bank, but won only Paribas.

 COMPETITION
Crédit Commercial de France SA (dossier)
Crédit Lyonnais (CL)
Société Générale (SCGLY)

 DEALS
Deal: BoostWorks Receives Funding
Date Announced: 07.26.99
Value of transaction (US $Mil): 7
Description: Network accelerator receives funding primarily from BNP.

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 49,045.10
1-Yr. Sales Growth: 58.0%
Employees: 80,464
Revenue per employee: $609,528.48

 KEY PEOPLE
• Michel Pébereau
    CEO
• Philipe Bordenave
    CFO

 CONTACT INFO
16, boulevard des Italiens
75009 Paris Cedex 09, France
Phone: 33-1-40-14-45-46
Fax: 33-1-40-14-75-46
Online: Web Site

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