Report: BNP Paribas Chairman may resign


Quoting Le Journal du Dimanche, Bloomberg reports that BNP Paribas (OTC:BNPZY) Chairman Baudouin Prot may resign in the next few months to be succeeded by Jean Lemierre, a senior adviser at the French bank.

Prot served as the bank's CEO from 2003 to 2011.

Last month, BNP Paribas went through its largest-ever management shakeup and was fined $8.9B as a result of its U.S. sanction violations.

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