BNP Paribas

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Turkey bars 3 foreign banks from FX transactions

Turkey has blocked three foreign banks- BNP Paribas, Citibank, and UBS- from doing foreign exchange transactions with the Turkish lira, the nation's banking watchdog announced on May 7. 

These banks failed to complete their Turkish lira commitments and so defaulted, said Turkey's Banking Regulation and Supervision Agency (BRSA).

Greece hires banks for reopening of March 2029 bond

Greece has appointed BNP Paribas , Citi, Goldman Sachs, HSBC and JPMorgan as joint lead managers to reopen an outstanding debt issue due March 2029, it said on Monday.

Athens is taking advantage of record low yields in the euro zone to beef up cash reserves and add liquidity to its shallow bond market.

Bulgarian Commission for Protection of Competition Allowed Businessman Domuschiev to Buy Nova Broadcasting Group

The Commission for Protection of Competition (CPC) has allowed Advance Media Group, controlled by Kiril and Georgi Domuschievi, to acquire control over Nova Broadcasting Group. The agreement between Domuschievi and the Swedish MTG was signed on February 22, reports