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BNP Paribas

BNP Paribas

Company: BNP Paribas SA

Brand value: US$4,964 million

Headquarter city: Paris

Category: Banks

Year formed: 1822

The BNP Paribas name came into use following the merger of BNP and Paribas in 2000, but parts of the business trace their origins back almost 200 years. It is a premium banking and financial services brand, which has grown from a position of strength in France into a leading European and global player, working in 74 countries. It weathered the global financial crisis better than many other banks, and was able to buy out several other banks, such as Fortis in Belgium and BNL in Italy. In the past two years, however, BNP Paribas has been ordered to pay fines of over US$9 billion to US regulators for breaching trade embargoes and for the manipulation of foreign exchange trading by some of its traders. The bank is one of many in France to announce plans to reduce the number of physical branches it operates over the coming few years as more people shift to online money management. In its communications, BNP Paribas describes itself as “The bank for a changing world” and “The insurer for a changing world”. It is a prominent sponsor of international tennis tournaments, and will be one of the main sponsors of the Olympic Games in Paris in 2024. BNP Paribas is listed please add where.