BNP Paribas Chief Financial Officer (CFO) Lars Machenil will host a call with analysts this Tuesday at 15:00 CAT to discuss Sudan litigation case, according to an email from the bank’s investor relations department seen by Reuters.
BNP shares tumbled nearly 10% on Monday, with traders and analysts attributing the drop to a United States (US) jury’s finding that the French lender helped Sudan’s government commit genocide by providing banking services in violation of US sanctions.
–Reuters–
