France’s Largest Bank BNP Paribas Loses $80 Million Due to Trader’s Pre-Vacation Snafu

20

France’s Largest Bank BNP Paribas Loses $80 Million Due to Trader’s Pre-Vacation Snafu


According to multiple sources, BNP SA, known by many as the largest bank in France, reportedly made a loss of $80 million in derivative trades connected to the United States. The sources confirmed that Antoine Lours, the Head of U.S index trading at BNP, is yet to return to his position at the bank. Lours

The post France’s Largest Bank BNP Paribas Loses $80 Million Due to Trader’s Pre-Vacation Snafu appeared first on CCN

Posted by Jimmy Aki on January 16, 2019 @ https://www.ccn.com/frances-largest-bank-bnp-paribas-loses-80-million-due-to-traders-pre-vacation-snafu/

Comments are closed.