'BNP plans dividend cut and bond issue'

BNP Paribas plans to slash its dividend and raise funds by selling billions of euros of bonds next week, as it nears a costly settlement with US authorities over sanctions violations, the Wall Street Journal reported. France's biggest listed bank declined comment.
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Jun 28 2014 | 12:04 AM IST
