BNP Paribas is a European leader in global banking and financial services and one of the strongest banks in the world.

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BNP 's Chair looks set to step down

BNP Paribas

BNP Paribas Chairman Baudouin Prot plans to step down this week, according to two people with direct knowledge of the decision. He would be at least the second senior banker to resign since the bank’s $8.97 billion fine for violating U.S. sanctions.

BNP Paribas Chairman may be set to leave

Departure

BNP Paribas Chairman Baudouin Prot may leave in the next few months and be succeeded by Jean Lemierre, a senior adviser at the French bank, Le Journal du Dimanche has reported, without saying where it got the information.

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BNP 's Chair looks set to step down

BNP Paribas Chairman Baudouin Prot plans to step down this week, according to two people with direct knowledge of the decision. He would be at least the second senior banker to resign since the bank’s $8.97 billion fine for violating U.S. sanctions.

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Pulling Hair

7 top firms, 7 problems, errors or set-backs

No less than 7 top firms have gone / are going through difficulties of one kind or another - and that's in addition to the 'normal' issues banks are having related to regulation, capital requirements and the malaise in fixed income.