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BNP Paribas receives Bank of Italy approval

BNP Paribas announced today that it received Bank of Italy approval to take the control of Banca Nazionale del Lavoro. This acquisition is still subject to other regulatory approvals.

About BNP Paribas
BNP Paribas ( is a European leader in banking and financial services, with a significant and growing presence in the United States and leading positions in Asia. The group has one of the largest international banking networks, a presence in over 85 countries and employs more than 110 000 employees, including approximately 80,000 in Europe. BNP Paribas enjoys key positions in its three core businesses: Corporate and Investment Banking, Asset management & Services and Retail Banking.