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BNP Paribas News!

BNP Paribas is a French multinational bank and financial services company. Here are some recent news updates about the company:

Recent News:

  1. BNP Paribas to acquire a majority stake in Turkish bank: BNP Paribas has agreed to acquire a majority stake in Turkish bank, Garanti BBVA, for €3.2 billion. The deal is expected to strengthen BNP Paribas' presence in the Turkish market. (Source: Reuters)
  2. BNP Paribas launches new digital banking platform: BNP Paribas has launched a new digital banking platform, "BNP Paribas Mobile", which allows customers to manage their accounts, pay bills, and transfer money online. (Source: BNP Paribas Press Release)
  3. BNP Paribas reports strong Q1 results: BNP Paribas reported strong first-quarter results, with net income rising 14% to €2.3 billion. The bank's revenue also increased 4% to €10.4 billion. (Source: BNP Paribas Press Release)
  4. BNP Paribas to cut 12,000 jobs: BNP Paribas has announced plans to cut 12,000 jobs worldwide as part of a cost-cutting effort. The bank aims to reduce its costs by €1.5 billion by 2025. (Source: Financial Times)
  5. BNP Paribas partners with fintech startup: BNP Paribas has partnered with fintech startup, Stripe, to offer a new payment solution for online merchants. The partnership aims to simplify online payments and reduce costs for merchants. (Source: Stripe Press Release)

Recent Awards and Recognition:

  1. BNP Paribas named "Best Bank in Europe": BNP Paribas was named "Best Bank in Europe" by Euromoney magazine for the second consecutive year. (Source: Euromoney)
  2. BNP Paribas wins "Best Digital Bank in Europe" award: BNP Paribas won the "Best Digital Bank in Europe" award at the 2022 European Banking Awards. (Source: European Banking Awards)