What is Banque Nationale de Paris?
{{wikify|date=March 2022}} {{Infobox company |name = Banque Nationale de Paris S.A. |logo = [[File:Banque-nationale-de-paris-104898.jpg|240px]] |logo_caption = Company logo | image = | image_caption = |type = [[S.A.]] |traded_as = {{euronext|BNP|FR0000131104|XPAR}}, OTCQX:BNPQY |predecessor = |foundation = {{start date and age|1848}} |location = [[Boulevard des Italiens]], [[Paris]], [[France]] |area_served = Worldwide |key_people = Michel Pebereau (CEO) |industry = [[Financial services]] |products = [[Asset management]], [[Retail banking|consumer banking]], [[Commercial bank|corporate banking]], [[credit card]]s, [[investment banking]], [[mortgage loan]]s, [[private banking]], [[wealth management]] |revenue = |operating_income = €1.144 |net_income = €7.366 |assets = €324.800 |equity = |num_employees = 34,000 |homepage = www.bnpparibas.com |intl = }} The '''Banque Nationale de Paris''' is a worldwide [[bank]] with [[headquarters]] in [[Paris|Paris, France]]. It was formed in 1966 by the [[Government of France]], but is now a private bank. == History == In 1966, the French government combined two of four [[State-owned enterprise|state-owned]] banks, Comptoir National d'Escompte de Paris (CNEP) and the Banque Nationale pour le Commerce et l'Industrie (BNCI), into the new Banque Nationale de Paris (BNP). Though BNP was originally state-owned, the French government [[Privatization|privatized]] the bank in 1993. In early 1999, BNP Paribas agreed to a 15-billion ([[United States dollar|USD]] $17 billion) buyout offer from [[Société Générale]]. Not wanting to be left behind, however, rival Banque Nationale de Paris made a hostile USD $21-billion counter-offer for Paribas, and an unimaginable, separate USD 19.6-billion offer for Societe Generale (SocGen). BNP’s three-way [[Mergers and acquisitions|merger]] proposal would have created the world's la