BNPP trumpets DCM leadership but divi ban hits hard
![BNPParibas_PA_575x375_5May2020](https://assets.euromoneydigital.com/dims4/default/46b8225/2147483647/strip/true/crop/575x375+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F85%2Ffc%2Fbd82afe2d7aa1a22662b04ba6542%2Fbnpparibas-pa-575x375-5may2020.jpg)
BNP Paribas blamed European authorities’ restrictions on 2019 dividend payments for losing it €184m in its equities business, when it released its first quarter results on Tuesday. However, in debt capital markets and fixed income, currencies and commodities (FICC) it was a more positive picture, as the bank took advantage of a surge in debt origination and electronic trading.
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