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BNP Paribas Swiss Business Joins Commodity Trade Finance Exodus | Investing News

Christel Deskins 2 years ago
BNP Paribas Swiss Business Joins Commodity Trade Finance Exodus | Investing News

PARIS (Reuters) – The Swiss arm of France’s BNP Paribas said it is closing its commodity trade finance business, the latest bank to withdraw after the coronavirus crisis led to defaults and exposed a series of frauds. Industry sources have said the BNP division has struggled to be profitable since […]

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