BNP Paribas SA (BNPQY)
- Financial Times
Investment bank and demand for loans help BNP Paribas beat expectations
Higher trading income in its investment bank and growing demand for loans from businesses have helped BNP Paribas beat earnings forecasts in the second quarter. The eurozone’s biggest bank has expanded its equities business with acquisitions in recent years, and is reaping the benefits in its investment bank. Corporate and investment bank revenues increased 10.6 per cent to €4.1bn, despite a slowdown in dealmaking and stock market listings during the period.
- Bloomberg
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- Bloomberg
BNP Paribas Prime-Brokerage Boss Wilson Leaves for Rival UBS
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