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.

The changes mean a big promotion for Osty who has been promoted from head of global markets to CEO of the CIB and deputy ...

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 ...

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 ...

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 ...

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 ...

French bank BNP Paribas is launching a U.K. fintech incubator that will host generative AI startups that have developed ...

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 ...

HSBC Holdings HSBC has signed an agreement to sell its private banking business in Germany to BNP Paribas BNPQY. The deal's financial terms, expected to close in the second half of 2025, have not ...

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).

A deal has been agreed by HSBC Continental Europe to sell its private banking division to BNP Paribas in Germany. The possible deal is contingent upon receiving the necessary government clearances ...