BNP Paribas, which last week saw pre-tax profits in its corporate and investment bank rise 30% to €3.56bn ($4.7bn), has completed the acquisition of the wealth business of Benelux financial services group Dexia.

On December 14, BN Paribas had said it expected to buy the Dexia Banque Privée France for less than €200m ($263m).