BNP Paribas said on Wednesday that it has appointed Karine Delvallee as its new regional head for Southeast Asia and new chief executive officer of the BNP Paribas Singapore branch, according to a statement from the French bank.
Lars Machenil, CFO of BNP Paribas, discusses the French lender's fourth-quarter earnings and his expectations for the year ahead.
France's BNP Paribas reported a forecast-beating jump in net income in the fourth quarter as its investment bankers rode a surge in trading activity, but the lender lowered a key profit target for 2025 and said it would cut costs further.
Parisha Saimbi of BNP Paribas discusses says that considering the risk of tariffs and weak domestic economies, the low yielding and high beta Chinese Yuan, Korean Won, and Thai Baht are likely to be the worst performing Asian currencies.
BNP Paribas Wealth Management's Prashant Bhayani believes China's current fiscal support provides a floor on China markets, giving investors an entry point.
BNP Paribas is rethinking sustainable finance to focus on profitable deals and on redefining what it considers sustainable, a senior executive said, as it became the latest bank to distance itself from the ESG label.
Kumar Rakesh, BNP Paribas' India analyst, IT and auto gives an optimistic outlook on India's automotive sector, seeing strong exports from Indian passenger vehicles and motorcycles. He notes India's growing appeal as a manufacturing hub, and breaks down his expectations of India's budget for the automotive and IT sectors.
BNP Paribas has a circa 67% revenue exposure to the Eurozone, with France alone accounting for 25% of all revenues. Net interest income makes up some 64% of the bank's revenue, implying profitability peaked in 2023-2024 as the ECB is now cutting interest rates. Even so, the valuation remains very undemanding even if we account for weak Eurozone growth.
BNP Paribas Asset Management's Chi Lo see a possible upside surprise despite Trump's tariffs threats, noting that China managed to increase export share despite tariffs during Trump 1.0. He predicts the Yuan to weaken to 7.60 against the U.S. dollar to offset U.S. tariffs, and outlines potential outcomes if Chinese stimulus revives their domestic economy.
BNP Paribas' head of Indian equities, Abhiram Eleswarapu sees the current softness for India markets to pass by April. He expects select consumer sectors, India's capex story and exports to drive earnings, with 13% earnings growth expected over the course of the year.
Investors with an interest in Banks - Foreign stocks have likely encountered both BNP Paribas SA (BNPQY) and Erste Group Bank AG (EBKDY). But which of these two stocks presents investors with the better value opportunity right now?
Daniel Morris, chief market strategist at BNP Paribas Asset Management, discusses the outlook for U.S. stocks in 2025.