BNP Paribas Seeks New Offshore Center as Bank Drives Down Costs
- Bank aims to diversify offshore platforms from India, Portugal
- BNP spins off Italian IT, back office to Capgemini, Accenture
Photographer: Theo Giacometti/Bloomberg
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BNP Paribas SA is scouring for a new low-cost location to house support staff as part of plans by the French bank to keep driving down costs under its new strategic plan.