BNP Paribas SA Chief Executive Officer Baudouin Prot said he doesn’t expect the Greek fiscal crisis to spread and that investors’ concerns over potential losses at European banks risk are “totally overdone.”
BNP Paribas SA Chief Executive Officer Baudouin Prot said governments should beware of adopting “excessive” regulations that hamper economic growth or weigh more heavily on certain regions.
"The review has made an inventory of a significant volume of operations that were labeled in dollars and as a consequence that might be considered as not authorized with respect to the rules set by U.S. authorities."
- Baudouin Prot on May 14, 2014