BNP Paribas: In defence of ourselves

French bank BNP Paribas has taken the unusual step of publishing a defence of its liquidity and funding adequacy in the form of a question and answers crib sheet on its website

French bank BNP Paribas has taken the unusual step of publishing a defence of its liquidity and funding adequacy in the form of a question and answers crib sheet on its website.

The Paris-based bank moved to quell market and client concerns about its financial position by saying it has substantial short-term euro funding and an excess of short-term dollar liquidity.

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