(CU)_Last month, it was reported that BNP Paribas is working with JPMorgan and Goldman Sachs to assess the sale of its 147-year-old US arm Bank of the West. With potential suitors including Toronto-Dominion Bank, the Bank of Montreal (BMO) and Ohio-based KeyCorp, the French lender was seeking to retreat from the American retail banking market with a deal that could value the unit at around $15 billion.

On Sunday, the Wall Street Journal reported that…

Canadian lender in advanced talks to acquire BNP Paribas’ US unit

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