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The bank said it had "the ambition to position BNP Paribas Wealth Management among the leading players in Germany and bring its managed assets to more than €40 billion ($45 billion)." ...
PARIS (Reuters) -BNP Paribas 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.
A key geography for BNP Paribas, Germany offers “strong growth potential for wealth management activities, most notably within the Mittelstand (German SMEs) and with the German Entrepreneurs and ...
Even before rumours emerged this year that HSBC was selling its German private-banking business, the country was a strategic priority for Vincent Lecomte, chief executive of BNP Paribas Wealth ...
(Bloomberg) -- HSBC Holdings Plc’s sale of its German wealth-management unit is attracting initial interest from peers including BNP Paribas SA ... operations in Germany for the wealth ...
The deal positions BNP Paribas among Germany's top wealth managers, increasing assets under management to over €40 billion. Ready to turn the market’s comeback into steady cash flow?
(Sharecast News) - BNP Paribas said on Monday that it has agreed to buy HSBC's private banking activities in Germany, as it looks to position its wealth management arm "among the top leading ...