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BNP Paribas in £50m outsourcing deal

News French banking giant BNP Paribas has signed a five-year, £50m contract with Atos Origin for IT services in France and the UK. The deal is with BP²I, a joint venture between BNP Paribas and IBM set up in 2003 to oversee the provision of the bank's... [10 Jan 2008]

BNP Paribas invests E700m on the Web

News French National Bank BNP Paribas is to spend E700m (£428m) on its Internet strategy over the next three years, and deals with France Telecom, Yahoo! The bank boasts three Internet ventures that will benefit from these deals: its online brokerage, e... [09 Mar 2000]

Bank invests in blade servers and on-demand

News Bank BNP Paribas is using a combination of blade servers and on-demand computing to provide the processing power for its fixed income derivatives business. BNP Paribas head of fixed income capital markets production Bruce Lee said the bank... [29 Sep 2006]

IBM lands $1.7bn deals

News One is a multiyear agreement worth up to $1.2bn with European bank BNP Paribas. BNP Paribas and IBM will set up a joint venture with 450 employees to transform the bank's IT into "an on-demand infrastructure," according to IBM. [22 Dec 2003]

Easily.co.uk ditches its online finance partner

News The company claims it lost customers after French partner, Kleline, the secure payment division of French bank BNP Paribas, failed to provide an acceptable level of service. But at the end of January, Kleline's parent company - the recently merged... [07 Feb 2000]

Shortlists for CNET tech awards unveiled

News BNP Paribas Securities Services - BNP Paribas Securities Services' Global STP Platform The awards, which will be handed out on 26 September in London, recognise innovative use of IT in the UK, leading providers of products and services, and a CIO... [07 Jul 2006]

E-Cortal offers online trading service

News E-Cortal, the Internet arm of French bank BNP-Paribas' discount brokerage Cortal, is to offer free online trading for its Spanish and British customers. The company claimed it was lifting its tariffs in these areas as the main interest in US... [04 Apr 2000]

BT couldn't go under - could it?

News BT is among a list of blue-chip names in danger of bankruptcy in the next two years if analysis by French bank BNP Paribas is to be believed. The bank has applied two formulae to Euorpe's leading firms to assess the possibility that some of them... [18 Feb 2002]

Vivendi vote rocked by hackers

News Suspicion was aroused after major shareholders including BNP Paribas, Credit Agricole and Societe General said their electronic votes had been wrongly recorded. Vivendi shareholders will meet again next month to vote again on a stock option plan... [29 Apr 2002]

Stockwatch update: Fallout continues after Cisco bombshell

News French analyst firm BNP Paribas is advising Vodafone to cash in on its 45 per cent stake in Verizon Wireless and buy a smaller player such as Alltel or Nextel, which might suit the mobile giant in the US. [08 Aug 2001]

AGF set to get online arm operational

News AGF has signed agreements with Sofinco for consumer credit, with Entenial for accessing online mortgages and with BNP-Paribas' online brokerage firm Cortal. The bank claimed it would invest E100m (£60m) in the service, Banque AGF, over the next... [22 Sep 2000]

Telecom Italia seeks raised stake in French UMTS contender

News BDT is the main shareholder with a 59.5 per cent stake with constructor JC Decaux owning 20.9 per cent and French bank BNP Paribas holding 6.5 per cent. The Italian telco said it wants to raise its holding in the French mobile firm by the end of... [14 Nov 2000]

Bouygues admits partner talks

News Buoygues Telecom's current shareholders include JC Decaux, Bouygues Online, German group E.On and French bank BNP Paribas. The telco claimed it wanted a partner to help bid for a French UMTS licence. Telecom Italia had been in discussions with the... [05 Dec 2000]

Mediapps' IPO on ice until US election is resolved

News The company is backed by BNP Paribas and 3i Technology Holding. The company was due to debut on the French Nouveau Marche today, but has postponed on the advice of its banking partners. According to Ian Wells, UK MD at Mediapps, the continuing... [24 Nov 2000]

Citigroup to pay $2.65bn for WorldCom mis-selling

News They include: Deutsche Bank, ABN Amro, Westdeutsche Landesbank and BNP Paribas. Giant US bank Citigroup has made a surprise announcement that it will pay $2.65bn to settle a class action with major WorldCom investors. [11 May 2004]

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