BNP Paribas to scrap stock options for directors -paper

Newswire

PARIS, March 27 (Reuters) - BNP Paribas is to give up stock options for senior directors as the French government moves towards reining in bonuses at companies that are receiving state aid, the Financial Times reported on Friday. The paper said BNP Paribas would announce the decision today, sidestepping the political outcry fellow French bank Societe Generale faced last week when it said it planned to award stock options to its chief executive and non-executive chairman. BNP Paribas was ...

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