BNP Paribas BNPP.PA has signed a deal to buy HSBC's private banking unit in Germany as it continues to expand its footprint in wealth management, the French lender said on Monday.

BNP Paribas has struck a deal to acquire HSBC's German private banking arm as the French lender looks to expand in wealth management and the London-based giant continues its pivot to Asian markets.

BNP PARIBAS ADAPTS ITS GOVERNANCE AHEAD OF ITS FUTURE STRATEGIC PLAN PRESS RELEASE Paris, 7th July 2025 As the European leader in investment banking, corporate financing and the management of ...

HSBC Holdings plc (NYSE:HSBC) shares are trading higher after the company inked a deal with BNP Paribas (OTC:BNPQY) to sell its private banking activities in Germany. The financial details were ...

France's BNP Paribas announced in Frankfurt on Monday that it had bought HSBC's German private banking unit. The value of the deal was not released. The transaction is expected to be closed during ...

Die Konsolidierung im deutschen Wealth Management setzt sich fort. HSBC Deutschland will jetzt ihr Private-Banking-Geschäft an BNP Paribas verkaufen. Erst vor kurzem hatte ABN Amro die Übernahme ...

HSBC is selling its private-banking activities in Germany to France's BNP Paribas. The agreement covers 120 employees as well as the assets and customers of HSBC Germany's private-banking business ...

BNP Paribas announces that it has signed an agreement with HSBC for the acquisition of their Private Banking activities in Germany, with the ambition to position BNP Paribas Wealth Management ...

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The deal, which BNP said should be closed in the second quarter of 2025, will push the bank's assets under management over the mark of 40 billion euros ($44.64 billion).