BNP Paribas Doesn’t Need ‘External’ Capital to Meet EBA Rules
“BNP Paribas confirms that it will be able to conform with new EBA rules,” Isabelle Wolff, a Paris-based spokeswoman, said by phone today. BNP Paribas can reach the EBA’s requirement of a 9 percent common equity Tier 1 ratio by June 30, 2012, “without having to raise external capital,” she said.
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