Wealth and Asset Management
BNP Paribas profit falls 33% on expected loan losses, equity trading hit
Profit at BNP Paribas fell by 33.1% in the first-quarter as the coronavirus crisis hit equity trading and prompted the euro zone's biggest bank to set aside more than half a billion euros in loan provisions. Like fellow French lender Societe Generale last week, BNP suffered a revenue wipeout from…
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