New Business Organisation

BNP PARIBAS Development Plan Private Banking Merged BNP Paribas Private Banking activities in Italy with BNL Extended best-in-class products to BNL Private Banking in Italy based on BNP Paribas Private Bank expertise BNL Private Banking entities merged with BNP Paribas in Switzerland and in Luxembourg BNL Grupp BNP PARIBAS Asset Management and Services 89

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