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French bank BNP Paribas plans to raise stake in its Exane unit

  • The contemplated transaction would further strengthen and widen the range of cash equity.
Published March 11, 2021
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PARIS: French bank BNP Paribas on Thursday said it planned to raise its stake in equity brokerage unit Exane up to 100% from 50%.

"The contemplated transaction would further strengthen and widen the range of cash equity and derivatives services BNP Paribas can offer to institutional investors and corporates globally," the bank said in a statement.

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French bank BNP Paribas plans to raise stake in its Exane unit

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