BNP Paribas embarked on a 5.1 billion euro ($5.8 billion) purchase of an asset management business last year expecting ...

The European Central Bank has all but shut down a regulatory loophole heralded as a potential catalyst for a deal wave in asset management.

The French bank last year agreed to buy the asset management arm of French insurer AXA for 5.1 billion euros ($5.79 billion) through its insurance arm BNP Paribas Cardif in a move that would create a ...

The European Central Bank is opposed to BNP Paribas using a favourable capital treatment for its deal to buy French insurer ...

BNP Paribas SA said that an opinion expressed by the European Central Bank could increase the impact from the lender’s ...

The ECB’s supervisory arm recently opposed the application of an accounting treatment known as Danish Compromise in two takeovers pursued by euro area banks. That has put its use in doubt for ...

The ECB has declared itself against the French group's use of the favorable capital treatment, known as the Danish Compromise ...

BNP had been discussing with supervisory authorities whether it could apply the so-called Danish Compromise rule to the deal for more lenient capital treatment. The regulation allows banks to risk ...

BNP Paribas , France's biggest bank, has cut its forecast for the return on invested capital on its 5.1 billion euro ($5.8 ...

The European Central Bank has taken a negative view on applying a rule that might have reduced the impact on BNP Paribas SA’s ...

The updated guidance notably concerned the right to use the so-called Danish compromise, a regulatory approach that reduces the capital burden for banks that own insurers. BNP's shares fell on ...