BNP Sees Profits Fall 34%, But Shows Resilience

06 Aug 2008

BNP Paribas recorded a 34% decline in profit in the second quarter but analysts say its performance indicates the French bank has weathered market turmoil better than many of its peers. Commenting on its €1.51 billion ($2.3 billion) second quarter profit, analyst Kian Abouhossein of JPMorgan in London ...

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