BNP Paribas excels in fixed income but ramps up provisions on one exposure
BNP Paribas enjoyed a bumper increase in revenues from primary bond issues and fixed income trading in the last quarter, it revealed on Thursday.
Revenues at the corporate and investment bank as a whole grew by 12% to €2.87bn compared with the equivalent quarter last year.Global markets was the outperformer, with a 15% jump in proceeds to €1.3bn. Revenues in fixed income, currencies and commodities (FICC) were up by more than ...
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