However, BNP Paribas had been shrinking in commodity trade finance since 2014, when it was fined $8.9 billion for violating U.S. sanctions.Trading executives still estimated that BNP Paribas ranked in the top 10 providers of such financing. BNP Paribas SA engages in the provision of banking and financial services. International stock quotes are delayed as per exchange requirements. Copyright © 2020 MarketWatch, Inc. All rights reserved. In Brazil, run rates Petrobras SA’s 13 refineries jumped to their highest since January 2016, according to data from the country’s oil regulator compiled by Bloomberg.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P. Kyle Dennis took a leap of faith and decided to invest his savings of $15K in the stock market — $2.8M later, he owes his success to these strategies. Fundamental company data and analyst estimates provided by FactSet. * Average Estimates in Million (e.g. Made In NYC | Closing the business had been under consideration since at least the summer, people familiar with the situation told Bloomberg at the time.The former Paribas investment bank’s office in Geneva helped pioneer the use of letters of credit to finance oil trading in the 1970s, and became one of the leading lenders to the industry. Total SE said its Grandpuits refinery will become a “zero-crude platform” in the coming years.Still, there are potential bright spots. The Corporate Institutional Banking business is a provider of financial solutions to corporate and institutional clients. BNP Paribas S.A. ADR. A web of scandals in the Asian energy-trading hub -- including Hontop Energy (Singapore) Pte. Find the latest BNP PARIBAS (BNPQY) stock quote, history, news and other vital information to help you with your stock trading and investing. ABN Amro Bank NV has also announced it would quit commodity trade finance, while fellow Dutch lender Rabobank is also reviewing the business.In the world of trade finance, exporters and importers rely on credit lines to protect themselves against risks such as currency fluctuations, non-payment and political instability. Bouwmarkt Stock Luyckx XL uit Lommel over ondernemen tijdens corona-maatregelen: “Volle gas en gaan.” Zelfs de geplande uitbreiding later dit jaar gaat door. Copyright 2020© FactSet Research Systems Inc. All rights reserved. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. View today's stock price, news and analysis for BNP Paribas S.A. (BNP). The short-term financing governing sea voyages can provide quick profits for banks, but can go wrong when a cargo of commodities is used to get financing from multiple lenders -- or that cargo used to back the loans doesn’t exist.As the business of financing commodity traders grew, BNP was for many years the leading lender to the industry, accounting for as much as half of some trading houses’ bank lines. House Speaker Nancy Pelosi said she spoke with Treasury Secretary Steven Mnuchin, signaling openness to resuming stimulus talks.“Prospects of any kind of stimulus deal would be a big positive for energy,” said Josh Graves, senior market strategist at RJ O’Brien & Associates LLC.Still, doubts over a rebound in consumption are keeping rallies limited with lockdown measures increasing in some parts of the world. The company operates through the following business: Retail Banking and Services, and Corporate Institutional Banking. Net banking product (NBP) breaks down by activity as follows: Create a list of the investments you want to track. The company operates through the following business: Retail Banking and Services, and Corporate Institutional Banking. ‘BHARATH’ is the acronym for Bharti Airtel, HDFC Bank/Life, Asian Paints, Reliance Industries, Avenue Supermarts, Tata Consultancy Services and Hindustan Unilever. European stocks struggled for direction as a new week began on Monday, as investors continued to focus on rising coronavirus infection rates in the U.S. and as global cases surged past 10 million. Find real-time BNPQY - BNP Paribas SA stock quotes, company profile, news and forecasts from CNN Business. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Disclaimer | Source: FactSet. USD/CNY Will Be at 6.5 by End of Year: BNP Paribas’s Sun, BNP Shuts Swiss Commodity Trade Finance Team Amid Frauds, BNP Paribas, Ørsted, Google Earth on Using Data to Combat Climate Change, BNP Halts New Commodity Trade Finance Deals as It Reviews Unit, BNP, SocGen and Natixis Traders Go on a Ruinous Losing Streak, New Big Cap Equity Index to Reward Australia’s Climate Champions, BNP Vaults Past Wall Street Peers After 154% Debt Trading Surge, Mayers: BNP Paribas Outperforms European Peers, Full Recovery Expected Mid-2022, Says BNP Paribas CFO, With A Green Fund Up 35%, BNP Now Plans to Short Polluters, BNP's Katzive Says Dollar Vulnerable as Support Has 'Evaporated', BNP Paribas on the Next Eurogroup President, BNP Leads Charge to Pay Dividends as ECB Weighs Virus Impact, ITF unveils a historic rebrand of Fed Cup, as the global women's team tournament is renamed the 'Billie Jean King Cup by BNP, ITF unveils a historic rebrand of Fed Cup, as the global women's team tournament is renamed the 'Billie Jean King Cup by BNP Pa, International Tennis Hall of Fame Announces Enhanced Interactive Fan Voting Experience, Voluntis Obtains €2 Million in Non-dilutive Financing.