SocGen CEO: cross-border mergers between European banks are structurally unlikely [Yahoo! Finance]
BNP PARIBAS SPONS ADR (BNPQY)
NASDAQ:AMEX Investor Relations:
invest.bnpparibas.com/en
Company Research
Source: Yahoo! Finance
Krupa said on Wednesday, a week after French President Emmanuel Macron called for greater consolidation in the sector. "In Europe today, they are extraordinarily unlikely for a number of reasons, the first of which is regulatory: there are significant capital surcharges linked to the size of banking institutions," he told shareholders at the company's annual general meeting in Paris. Two individual shareholders pressed Krupa to react to specific comments made by Macron related to SocGen, as the French president appeared open to seeing the lender acquired by another large European bank. Asked if, for example, he would be willing to consider the sale of SocGen to Spain's Santander, Macron said: "Dealing as Europeans means you need consolidation as Europeans." Macron's comments lifted SocGen's shares but were criticised by the bank's main trade union. Krupa declined to comment on Macron's remarks but added that the absence of a European banking union, illustrated by current res
Show less
Read more
Impact Snapshot
Event Time:
BNPQY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BNPQY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BNPQY alerts
High impacting BNP PARIBAS SPONS ADR news events
Weekly update
A roundup of the hottest topics
BNPQY
News
- French Stocks Tumble to Worst Week in Two Years Over Election Fears [The New York Times]The New York Times
- French election worries rekindle market memories of UK budget rout [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- French stocks take beating, risk premium rises under specter of possible far-right victory [CNBC]CNBC
- Antin Infrastructure Partners: 2024 Annual Shareholders' Meeting; All Resolutions Are Adopted [Yahoo! Finance]Yahoo! Finance
- Summit Trail Advisors Expands Nationally [Yahoo! Finance]Yahoo! Finance