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News Stories (17 Results) - BNP Paribas

Ares Management Corporation announced that funds managed by its U.S. Direct Lending and Alternative Credit strategies served as the lead arranger and junior agent for $3 billion in asset-backed and operating company financing for Merchants Fleet as... Read Story
May 05, 2023, 07:18 AM

BMO Financial Group (BMO) and BNP Paribas announced a long-term commercial agreement and new cross-border framework to enhance coverage and access to a global network for their commercial banking clients. They will also enter into a comprehensive... Read Story
February 22, 2023, 07:23 AM

Merchants Fleet announced a major expansion of its lending capacity, more than doubling its ability to fund vehicles and equipment for its traditional fleet and mobility clients throughout the country. The new lending capacity aligns Merchants with... Read Story
February 10, 2023, 07:23 AM

BMO Financial Group, and its subsidiaries BMO Financial Corp. and BMO Harris Bank N.A. (together, "BMO"), announced it has completed the acquisition of Bank of the West from BNP Paribas.BMO's acquisition of Bank of the West brings nearly 1.8 million... Read Story
February 02, 2023, 07:22 AM

BMO Financial Group, and its subsidiaries BMO Financial Corp. and BMO Harris Bank (together, "BMO"), received all regulatory approvals required to complete its acquisition of Bank of the West from BNP Paribas. BMO anticipates the acquisition will... Read Story
January 19, 2023, 07:15 AM

BNP Paribas announced the official opening of its redesigned office building at 787 7th Avenue in New York City. The 54-story skyscraper, built in 1986 and designed by Edward Larrabee Barnes, was formerly named the Equitable Center and now displays... Read Story
June 03, 2022, 07:05 AM

BMO Financial Group, and its indirect wholly owned Chicago-based subsidiary BMO Harris Bank N.A. announced the signing of a definitive agreement with BNP Paribas to acquire Bank of the West and its subsidiaries, with assets as of Sept. 30, 2021, of... Read Story
December 20, 2021, 07:20 AM

Bank of Montreal has expressed interest in buying BNP Paribas SA’s U.S. banking arm, according to people familiar with the matter. BMO has held initial talks about an acquisition of BNP Paribas’s Bank of the West unit. Read the Bloomberg article here... Read Story
December 17, 2021, 07:23 AM

BNP Paribas is working with advisers to assess a sale of its U.S. arm Bank of the West as it seeks to retreat from the American retail banking market after struggling to compete with larger and better capitalized rivals, three sources with knowledge... Read Story
November 16, 2021, 07:22 AM

Merchants Fleet, a fleet management company, announced a major expansion of its core member funding group to include some of the top banks in the world, enabling the company to access $2 billion of capacity to lease vehicles and equipment for clients... Read Story
October 14, 2021, 07:20 AM

Bank of the West has appointed Ken Turner as the Head of Equipment Finance Division (EFD), taking the place of Tristan Watkins, who has accepted an international role with the bank’s parent company, BNP Paribas, based in Paris. Turner has been with... Read Story
July 16, 2020, 07:25 AM

Bank of the West's Commercial Banking Group announced the opening of a new Commercial Banking Center in Dallas, Texas at Galleria One Tower, 13355 Noel Road, Suite 225, to address the growing global needs of middle-market businesses and the large... Read Story
October 03, 2017, 07:10 AM

GE announced today that it has reached an agreement to sell its U.S., Mexico, Australia and New Zealand fleet businesses to Element Financial Corporation for US$6.9 billion. Separately, GE has signed a memorandum of understanding for the potential... Read Story
June 29, 2015, 07:10 AM

In 2012 BNP Paribas confirmed its leading position in Aviation Finance and remained strongly committed to the global industry. During 2012, BNP Paribas acted as Arranger, Underwriter or Bookrunner of some 35 aircraft finance related facilities on... Read Story
February 25, 2013, 07:15 AM

Bank of the West and BNP Paribas Leasing Solutions are partnering to provide enhanced equipment finance and leasing services for capital equipment manufacturers and dealers.Bank of the West and BNP Paribas Leasing Solutions have formed a joint... Read Story
October 22, 2012, 07:00 AM

The following is an excerpt of the press release issued by Moody's Investors Service.New York, June 21, 2012 – Moody's Investors Service today repositioned the ratings of 15 banks and securities firms with global capital markets operations. The... Read Story
June 22, 2012, 07:45 AM

Bloomberg reported that Moody’s Investors Service will start cutting the credit ratings of more than 100 banks this month, a move that risks pushing up their funding costs and forcing them to curb lending in a threat to economic growth. According to... Read Story
May 09, 2012, 07:30 AM