BNP Paribas announced on Tuesday that its net income attributable to the company in fiscal 2024 amounted to €11.7 billion, up from €11 billion registered in the same 12-month period in 2023. In the aforementioned timeframe, year over year, revenue grew around 6% to €48.8 billion, while...
BNP Paribas announced on Thursday that its revenue in the third quarter of fiscal 2024 totaled €11.9 billion, rising by 2.7% compared to the same period a year before.Net income attributable to equity holders in the second quarter surged 5.9% year-over-year to €2.9 billion, and earnings per...
BNP Paribas unveiled on Monday in a press release that it signed a deal with HSBC Holdings plc to take over the latter's private banking business in Germany.The French bank detailed that the goal of this acquisition is to "position BNP Paribas Wealth Management among the top leading players in...
BNP Paribas announced on Wednesday that its revenue for the second quarter of fiscal 2024 totaled €12.3 billion, rising by 3.9% year over year.Net income attributable to equity holders in the second quarter increased 1.6% to €3.4 billion compared to the same period in 2023 and earnings per...
Shares of France's largest banks tanked on Monday after President Emmanuel Macron decided to dissolve the parliament and schedule an early two-round parliamentary election for June 30 and July 7 after his Renaissance party suffered an unexpected blow in the European Parliament elections....
BNP Paribas shared on Thursday that its revenue for the first quarter of fiscal 2024 totaled €12.4 billion, rising by 3.7% year over year.Net income attributable to equity holders in the first three-month period slumped from €14.4 billion in 2023 to €3.1 billion in 2024. Meanwhile, operating income in...
BNP Paribas, France's leading bank, announced on Wednesday an aggressive expansion of its cost-cutting initiatives following a weaker-than-expected performance in the fourth quarter.
According to the bank, measures have been taken to enhance its efficiency by an additional €400 million, elevating...
The shares of BNP Paribas declined by over 8% during Thursday's trading session after the company released its fourth-quarter earnings report.
The bank disclosed that its net income in the last quarter plummeted by 45.4% compared to the same period a year prior, to stand at €1.07 billion. On the...
BNP Paribas stated on Thursday that its net income in the fourth quarter of 2023 amounted to €1.07 billion. The Group reported a slight increase in revenues, with a 0.1% rise to €10.9 billion and a 1.0% increase to €45.9 billion for the full year.
Despite this growth, the Group faced challenges,...
The financial regulators in South Korea imposed on Monday a record fine of 26.5 billion won (approximately $20.3 million) on BNP Paribas and HSBC for illegal naked short selling activities. "The violations were a grave matter that hurts the market order and investor trust," the Securities and Futures...
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