Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Paris  >  BNP Paribas    BNP   FR0000131104

BNP PARIBAS

(BNP)
  Report  
Real-time Quote. Real-time Tradegate - 11/12 09:26:51 am
50.475 EUR   -0.09%
09:01aBNP Paribas Opens New Offices in Montreal
GL
11/08WHEN CIRCUS MEETS DANCE : Möbius by Compagnie XY
PU
11/08A 90-minute cut - shorter trading day comes with costs
RE
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

NY regulator wants info from Goldman, banks on Panama firm dealings - source

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/11/2016 | 06:08pm EST
A pedestrian walks past a main branch of CIBC in  Montreal

(Reuters) - New York State's financial regulator has asked Goldman Sachs (>> Goldman Sachs Group Inc) and three foreign banks for information about shell companies set up through a Panamanian law firm, a person familiar with the matter said on Wednesday.

(Reuters) - New York State's financial regulator has asked Goldman Sachs (>> Goldman Sachs Group Inc) and three foreign banks for information about shell companies set up through a Panamanian law firm, a person familiar with the matter said on Wednesday.

The New York Department of Financial Services (NYDFS) also requested the same type of shell company information from BNP Paribas SA (>> BNP PARIBAS), Canadian Imperial Bank of Commerce (>> Canadian Imperial Bank of Commerce) and Standard Chartered Plc (>> Standard Chartered PLC), the person said.

Goldman is the only U.S. bank the NYDFS has contacted about the request, the person said.

Spokespeople for Goldman Sachs and Standard Chartered declined to comment. Representatives for BNP Paribas SA and Canadian Imperial Bank of Commerce did not immediately return calls requesting comment.

The move by NYDFS comes weeks after the International Consortium of Investigative Journalists (ICIJ) worked with media outlets including The Guardian and BBC to report on 11.5 million leaked documents from Panama law firm Mossack Fonseca.

The documents, which have come to be known as the Panama Papers, contained information on about 214,000 offshore companies and showed how individuals and corporations were able to hide assets and avoid taxes. The ICIJ made its database of documents publicly available on Monday.

Last month, the NYDFS sent a similar request to 13 banks, including Deutsche Bank AG (>> Deutsche Bank AG), Credit Suisse Group AG (>> Credit Suisse Group AG), Commerzbank AG (>> Commerzbank AG), ABN Amro Group NV (>> ABN AMRO Group) and Societe Generale SA (>> SOCIETE GENERALE).

NYDFS had requested details about the 13 banks' communications, telephone records and details of other dealings between their New York branches and employees or agents of Mossack Fonseca.

The NYDFS letter also asks the banks to disclose any internal or external investigations involving the law firm or shell companies they helped to set up.

None of the banks contacted by NYDFS have been accused of wrongdoing.

Bloomberg reported the most recent letter earlier on Wednesday.

(Reporting by Suzanne Barlyn; Additional reporting by Olivia Oran in New York and Maya Nikolaeva in Paris; Editing by Alan Crosby and Chris Reese)

By Suzanne Barlyn

Stocks mentioned in the article
ChangeLast1st jan.
ABN AMRO BANK N.V. 0.78% 17.445 Delayed Quote.-15.73%
BNP PARIBAS -0.06% 50.48 Real-time Quote.27.98%
CANADIAN IMPERIAL BANK OF COMMERCE -0.39% 114.53 Delayed Quote.13.08%
COMMERZBANK AG 2.54% 5.686 Delayed Quote.-4.18%
CREDIT SUISSE GROUP AG 0.35% 13.04 Delayed Quote.20.79%
GOLDMAN SACHS GROUP INC. -1.74% 219.03 Delayed Quote.33.44%
SOCIÉTÉ GÉNÉRALE -0.24% 28.69 Real-time Quote.3.38%
STANDARD CHARTERED 0.22% 714 Delayed Quote.16.95%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BNP PARIBAS
09:01aBNP Paribas Opens New Offices in Montreal
GL
11/08WHEN CIRCUS MEETS DANCE : Möbius by Compagnie XY
PU
11/08A 90-minute cut - shorter trading day comes with costs
RE
11/08LVMH Drives Luxury to High End of Market -- WSJ
DJ
11/07S.Africa manufacturing, business confidence falls take shine off investment d..
RE
11/07Canada's yield advantage seen underpinning loonie over coming year
RE
11/07Commerzbank warns of profit drop for 2019
RE
11/07Banks, funds propose shorter trading day in Europe, bourses split
RE
11/06SocGen balance sheet progress lifts shares, outweighs trading weakness
RE
11/06SOCIETE GENERALE : SocGen Strengthens Capital Again as IB Weakness Hits 3Q Net P..
DJ
More news
Financials (EUR)
Sales 2019 44 096 M
EBIT 2019 13 557 M
Net income 2019 7 858 M
Debt 2019 -
Yield 2019 6,20%
P/E ratio 2019 8,03x
P/E ratio 2020 7,87x
Capi. / Sales2019 1,41x
Capi. / Sales2020 1,39x
Capitalization 62 291 M
Chart BNP PARIBAS
Duration : Period :
BNP Paribas Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BNP PARIBAS
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 53,36  €
Last Close Price 49,87  €
Spread / Highest target 37,3%
Spread / Average Target 7,01%
Spread / Lowest Target -21,8%
EPS Revisions
Managers
NameTitle
Jean-Laurent Bonnafé Chief Executive Officer & Director
Jean Lemierre Chairman
Philippe Bordenave Chief Operating Officer & Director
Denis Kessler Director
Jane Fields Wicker-Miurin Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
BNP PARIBAS27.98%68 967
JPMORGAN CHASE & CO.33.56%405 486
BANK OF AMERICA CORPORATION34.98%294 950
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED2.15%294 714
WELLS FARGO & COMPANY17.30%227 540
CHINA CONSTRUCTION BANK CORPORATION-2.64%208 466