ECB opposes BNP Paribas' Axa IM deal capital treatment, Bloomberg News reports-April 2024-www.financetom.com

ECB opposes BNP Paribas' Axa IM deal capital treatment, Bloomberg News reports

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ECB opposes BNP Paribas' Axa IM deal capital treatment, Bloomberg News reports

Apr 11, 2025 6:38 AM

April 11 (Reuters) - The European Central Bank has taken

a negative view on applying a rule that might have reduced the

impact on BNP Paribas' capital from its acquisition of

AXA SA's investment management business, Bloomberg

News reported on Friday, citing people familiar with the matter.

(Reporting by Chandni Shah in Bengaluru)

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