BNP Paribas embarked on a 5.1 billion euro ($5.8 billion) purchase of an asset management business last year expecting ...

The lender expects a higher capital impact and lower return on investment than initially projected for its acquisition of AXA ...

The European Central Bank has taken a negative view on applying a rule that might have reduced the impact on BNP Paribas SA’s ...

(Bloomberg) -- The European Central Bank has all but shut down a regulatory loophole heralded as a potential catalyst for a deal wave in asset management.

The ECB has declared itself against the French group's use of the favorable capital treatment, known as the Danish Compromise ...

BNP Paribas SA said that an opinion expressed by the European Central Bank could increase the impact from the lender’s ...

The Danish Compromise was devised as a temporary arrangement aimed at easing the introduction of international banking rules known as "Basel framework" which the EU adopted through the CRR.

BPM had previously said its offer was subject to the application of the so-called Danish Compromise rules, which allow acquisitions of asset managers by banks to be carried out through insurance ...

UniCredit said on Friday that the lack of the Danish Compromise for Banco's Anima takeover would cost it an extra 44 basis points in terms of its core capital ratio if it bought 100% of the bank.

BNP had been discussing with supervisory authorities whether it could apply the so-called Danish Compromise rule to the deal for more lenient capital treatment. The regulation allows banks to risk ...

MILAN (Reuters) - The European Central Bank on Wednesday gave a negative opinion on the possibility for Banco BPM to use more favourable capital rules known as the "Danish Compromise" in its proposed ...

MILAN (Reuters) - The European Central Bank on Wednesday gave a negative opinion on the possibility for Banco BPM to use more favourable capital rules known as the "Danish Compromise" in its proposed ...