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BNP nears end of asset sales

2012-05-04 5 Dailymotion

BNP Paribas says it has nearly completed moves to sell off assets and cut debt to boost its capital reserves.<br /><br />Like the rest of the industry BNP will soon have to comply with tougher lending rules. <br /><br />"Eighty percent of the deleveraging is done," BNP Chief Executive Jean-Laurent Bonnafe said. "We can close everything by the summer." <br /><br />...<br />http://www.euronews.net/

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