La relative confiance de Kepler en BNP

Sources report BNP is due to plead guilty tonight to violating US sanctions against rogue nations.

As well as paying a $8.9bn penalty, BNP is also expected to agree to a year-long ban on dollar clearing.

Bloomberg reports they are likely to have a 6m reprieve before the ban is put in place. Impact would be EUR 4 on our TP (64) & a likely cut to dividend (to zero this year). We keep a buy rating.

Profits and Benefits - Société Privée de Conseils en Allocation & Gestion d'Actifs - by New3S

Société privée de conseils en allocation et gestion d'actifs, audit de portefeuille, gestion de trésorerie, Family office

http://www.gerant-prive.com/