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BNP Paribas launches a private banking initiative in Germany

BNP Paribas, the French Bank, has expanded its business in Frankfurt and Munich and has hired up to 20 staff for its new private banking division in Germany.

The group is setting up a team of up to 20 people based in Frankfurt and Munich which will offer wealth management services in cooperation with its online brokerage and personal investment specialist broker Cortal Consors.

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