- Financial Times•3 hours ago
Strong growth from fixed income trading at France's BNP Paribas has offset a drop in domestic retail banking revenues in the second quarter, helping it to beat analyst expectations with a slight increase ...
- Reuters•4 hours ago
BNP Paribas struggled to increase profit in the second quarter as its cash cow French retail banking business suffered a sharp fall in pretax income due to low interest rates and declining financial fees. Like other banks in Europe, BNP Paribas has been hampered in its bid to boost retail banking revenues by low rates that have eaten into margins, and a decline in financial fees stemming from weak equity markets. Pretax income in domestic markets covering France, Italy and Belgium fell 2.1 percent in the second quarter despite an 11 percent fall in the cost of risk, a measure which reflects how much is set aside for bad loans.
|52wk Range||35.27 - 61.00|
|Day's Range||43.01 - 44.89|
|Avg Vol (3m)||4,882,979|
As of 6:02 AM EDT. Paris Delayed Price. Market open.