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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: BNP Paribas

BNP Paribas stories: 6 news summaries

 Angry Shareholders Pelt 
 Bank Chairman With Shoes 

Fortis meeting turns ugly as investors start singing 'La Marseillaise'

Apr 28, 09 8:31 AM CDT
(Newser) - An emergency meeting of troubled Belgian bank Fortis had to be suspended today after raucous shareholders raided the stage and pelted the bank's chairman with shoes. The bank is attempting to broker a sale to BNP Paribas, the French giant, but angry small shareholders booed, shouted down speakers and demanded... More »

MORE ABOUT:
Belgium • mergers and acquisitions • shareholders • merger • shoes • BNP Paribas • Fortis • shareholder revolt • national anthem

More Banks, Celebs Losers
in Madoff Scam

BNP Paribas, RBS join charities of Spielberg, Wiesel as Ponzi victims

Dec 15, 08 10:20 AM CST
(Newser) - Bernard Madoff’s alleged Ponzi scheme, which federal investigators say cost investors $50 billion, continues to claim more victims, reports the Wall Street Journal. Spain’s Grupo Santander and France’s BNP Paribas said yesterday they’re on the list, as are charities involving Nobel laureate Elie Wiesel and director... More »

MORE ABOUT:
Steven Spielberg • Royal Bank of Scotland • UBS • SEC • BNP Paribas • HSBC • Banco Santander • Ponzi scheme • securities fraud • Mortimer Zuckerman • Nomura Holdings • Frank Lautenberg • Bernard Madoff • Elie Wiesel

Credit Fears Rock Asian Markets

Subprime mortgage crisis ripples across Pacific

Aug 10, 07 5:51 AM CDT
(Newser) - Asian stocks nosedived today as market fears triggered by the US subprime mortgage crisis rippled across the globe. The steepest drop in 5 months echoed upheaval spreading outward from Wall Street, with Toyota and Samsung leading a retreat by large exporters hurt by fears that the lending catastrophe and resultant... More »

MORE ABOUT:
Asia • subprime mortgages • stocks • market • Nikkei • BNP Paribas • Asian markets

Euro Bank  Injects $190B to Avoid Crash

ECB's largest-ever emergency cash injection aims to stave off crisis

Aug 10, 07 5:28 AM CDT
(Newser) - The European Central Bank has released $190 billion in emergency funds in a desperate attempt to restore liquidity to the region's markets. The Financial Times reports that the ECB's emergency injection echoes moves by central banks in Japan, the US and Canada but is unprecedented in scale. The move rattled... More »

MORE ABOUT:
investors • subprime mortgages • stocks • loans • finance • markets • BNP Paribas • European Central Bank • liquidity

Dow Tumbles Over 380 Points

Year's second-worst loss falls on heels of solvency fears

Aug 9, 07 4:47 PM CDT
(Newser) - The Dow Jones lost nearly 3% of its value today, tumbling 387.18 points to 13,270.68 in the second-worst drumming of the calendar year. Trading curbs were in place early, after BNP Paribas froze funds that took a bath in the US credit market and Chinese exchanges crashed... More »

MORE ABOUT:
private equity • housing market • Dow Jones • subprime mortgages • hedge fund • stock exchange • BNP Paribas • S&P 500

BNP Paribas Halts Fund Withdrawals

France’s biggest bank can’t value holdings after credit collapse

Aug 9, 07 12:35 PM CDT
(Newser) - France's largest bank today froze three investment funds threatened by the subprime mortagage collapse, claiming it can’t “fairly” place a value on their rapidly declining assets. Citing the “complete evaporation of liquidity” in the US securities market, BNP Paribas halted withdrawals from the funds, which were worth... More »

MORE ABOUT:
subprime mortgages • Bear Stearns • finance • bank • stock • mutual funds • BNP Paribas

6 Stories


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