BNP Paribas has asked a Dutch court to stop BinckBank from using the "turbo" moniker to market structured products in the Netherlands, according to several sources. A ruling on the matter is expected on September 9, says one of the sources.
Amsterdam-based BinckBank began issuing structured products in the Netherlands under the name Binck turbos on July 3. BNP Paribas is claiming in court documents that "Turbo" is a trademarked term the bank inherited when it acquired Royal Bank of Scotland's (R
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