Why BNP Paribas (BNPQY) Stock Is Down Today

NEW YORK (TheStreet) -- Shares of BNP Paribas (BNPQY) are down -1.20% to $32.12 after it was reported that Chairman Baudouin Prot may leave in the next few months and be succeeded by Jean Lemierre, a senior adviser at the French bank, according to Le Journal du Dimanche, Bloomberg reports.

BNP Paribas last month posted its largest ever quarterly loss and replaced its compliance chief after a record fine for doing business with Sudan and other countries blacklisted by the U.S. BNP Paribas was fined $8.97 billion after pleading guilty to criminal charges in the U.S. in June, Bloomberg noted.

BNPQY ChartBNPQY data by YCharts

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