On the short list of likely bidders for the 158-year-old investment bank are Britain's Barclays, France's BNP Paribas, Germany's Deutsche Bank and Charlotte, N.
France's Soc Gen and BNP Paribas, Germany's Deutsche and Commerzbank, and Italy's Unicredit would collectively be short of many tens of billions of euros of capital.
He was in Manhattan for Monday's BNP Paribas Showdown, an annual one-night hit-n-giggle at Madison Square Garden.
Shares in Fortis were suspended, a day after France's BNP Paribas said it would take a 75% stake in the Benelux bank.
The Dutch then nationalised their bits of the bank and the Belgians (and Luxembourgeois) agreed to sell France's BNP Paribas the businesses that Fortis had on their soil.
Although Centaurus, which is run by former traders from BNP Paribas, the country's largest bank by assets, is reasonably well-regarded, Pardus, a foreign fund known for its abrasive style, is viewed with suspicion.
In July 2002, BNP Paribas, along with Germany's Commerzbank AG, led Iran's first sovereign Eurobond offering since the state's 1979 revolution.
France's largest bank, BNP Paribas, has announced cost-cutting plans as it reports a slump in profits.
European stocks took another subprime-related tumble on Thursday after one of the continent's biggest banks, BNP Paribas , froze three funds that invested in asset-backed securities in America.
The Swiss was last in action in mid-March when he was knocked out of the BNP Paribas Open at Indian Wells by Spain's Rafael Nadal.
Charles Dallara, managing director of the Institute for International Finance, along with Jean Lemierre, a senior adviser to BNP Paribas SA, left the prime minister's office soon after the meeting with the party leaders ended without making any statements.
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The problems at BNP Paribas follow months of bad news in the U.S. housing market.
Roger Federer played tennis in Madison Square Garden Monday, in an exhibition against Andy Roddick put on by BNP Paribas, an evening that also featured a women's showdown between Caroline Wozniacki and Maria Sharapova.
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On March 23rd, in what the FSA said was its biggest investigation yet into insider trading, police and FSA officers raided 16 premises and arrested six people, among them employees of Deutsche Bank, BNP Paribas and Moore Capital, one of the world's biggest hedge funds.
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Societe Generale's shares are down almost 15%, BNP Paribas has fallen 9.5%, Deutsche is 6.6% lower, RBS has fallen 7.3%, Barclays is down 8.7%, Unicredit (of Italy) is 9.4% lower, Credit Agricole has fallen 11.8% and Commerzbank (of Germany) is 8.8% down.
The second group included Goldman Sachs, Societe Generale, Barclays, Credit Agricole, BNP Paribas, Credit Suisse, Deutsche Bank and UBS. Moody's said these firms had varying risk factors, from high dependence on capital markets operations to limited liquidity and exposure to Europe.
The latest of these is the soon-to-open hedge fund center at Paris's highly-ranked HEC Business School, sponsored by BNP Paribas.
"On balance, there's pluses and minuses in the release, " said David Tinsley at BNP Paribas.
One of the mitigating factors in Europe was a less dramatic result than expected from an independent audit of Spain's struggling banking sector, said Philippe Gijsels, head of research at BNP Paribas Fortis Global Markets.
While major European banks like Deutsche Bank, BNP Paribas, and Banco Santander have plummeted given their direct exposure to the crisis, major U.S. banks have fallen in tandem, with Morgan Stanley, Citi, and JPMorgan, among others, seeing their stock prices nose dive.
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The banks, Goldman Sachs and Morgan Stanley in the U.S., and Credit Suisse, Deutsche Bank, Barclays PLC, Societe Generale and BNP Paribas in Europe, are expected to be affected by one or two ratings notches, if they are downgraded.
In his first match in New York since losing in the 2011 U.S. Open final, Nadal returns Monday to face Juan Martin del Potro in the annual BNP Paribas Showdown, with Serena Williams and Victoria Azarenka as the undercard.
The global head of equity and derivatives for BNP Paribas, Yann Gerardin, told Forbes.com on Wednesday that its latest acquisition--Bank of America's equity prime brokerage unit--would give the bank an attractive springboard into the lucrative American market.
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