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 ...

The French bank last year agreed to buy the asset management arm of French insurer AXA for 5.1 billion euros ($5.79 billion) through its insurance arm BNP Paribas Cardif in a move that would create a ...

The European Central Bank is opposed to BNP Paribas using a favourable capital treatment for its deal to buy French insurer ...