French consumer group CLCV has reached a deal with BNP Paribas on behalf of roughly 4,400 customers who who alleged they were misled into taking out risky mortgages in Swiss francs, The Financial Times’ Sarah White reports. BNP Paribas will pay up to EUR 600M to settle the dispute, according to the report.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on BNPQY: