BNP Paribas SA

Reiner Schuettler, of Germany, hits a shot to Rafael Nadal, of Spain, during their match at the BNP Paribas Open tennis tournament in Indian Wells, Calif., Saturday, March 13, 2010. (AP Photo/Chris Carlson) Copyright 2010 AP News

Melanie Oudin hits to Roberta Vinci, of Italy, in their match during the BNP Paribas Open tennis tournament in Indian Wells, Calif., Thursday, March 11, 2010. (AP Photo/Chris Carlson) Copyright 2010 AP News

<div><p>French bank BNP Paribas will take control of ailing finance group Fortis's operations in Belgium and Luxembourg, with both governments retaining a stake, a source close to the Luxembourg government said Sunday.</p><p>An agreement was reached after a weekend of talks between the ...

<div><p>BNP Paribas confirmed Sunday that it is taking control of ailing finance group Fortis's operations in Belgium and Luxembourg, in a deal which will make Belgium the largest shareholder in the French bank.</p><p>The deal, thrashed out over a weekend of intense talks, ...

<div><p>BNP Paribas announced Sunday that it is taking control of ailing finance group Fortis's operations in Belgium and Luxembourg, in a deal which will make Belgium the largest shareholder in the French bank.</p><p>The deal, thrashed out over a weekend of intense talks, ...

<div id="subtitle">Fortis acknowledges buyout by another bank was inevitable</div><div><p>Officials of troubled Belgian bank Fortis NV acknowledged Monday they had no choice but to seek a buyout by another bank because of the increasing problems the company suffered due to the global financial ...

<div><p>Fortis shareholders on Monday mulled legal action after French bank BNP Paribas agreed a deal with the Belgian and Luxembourg governments to carve up the troubled finance group.</p><p>"It is an outrage that management, at a time where more than 80 percent of ...

<div><p>Desperate measures by governments in Europe and North America to steady the banking system failed to stem panic selling in global markets Monday amid deepening gloom at the scope of the financial crisis.</p><p>Nothing seemed to stop stock markets taking, in many cases, ...

<div><p>Belgians woke up yesterday to a national strike in protest at falling living standards - and the French takeover of their biggest bank. "Fortis is French" read the headline on the front page of the country's leading French-language newspaper, Le Soir. After ...

<div><p>French banking giant BNP Paribas on Wednesday reported a net profit of 1.5 billion euros (2.0 billion dollars) in the first quarter of the year, nearly double analysts' expectations.</p><p>"We mustn't relax," however, said BNP Paribas's director Baudoin Prot. "Calm has not entirely ...