Poland's BNP Paribas BP Q3 profit rises 43%, beating expectations
Poland's BNP Paribas BP posted a higher-than-expected 43% jump in third-quarter net profit on Friday, supported by strong core revenues and lower provisions for legal risks associated with Swiss franc mortgages.
BNP Paribas: U.S. election ‘red wave' could push Chinese policymakers toward larger stimulus package
Jason Lui of BNP Paribas discusses China market outlook amid U.S. elections uncertainty.
BNP Paribas: Q3 Results Disappoint The Market, Perhaps Unfairly
The market wasn't impressed with BNP Paribas' third quarter results, sending the shares down roughly 5% on the day. Headline income statement figures either matched or beat consensus, but beneath the hood there were some issues. The stock still trades for less than 0.7x tangible book value, and that is too cheap relative to the bank's earnings power.
French banks diverge as Société Générale shares surge, BNP Paribas stock sinks
France's top two banks saw their share prices take rival trajectories on Thursday as Société Générale shares surged on news of a management shakeup while BNP Paribas shares slipped on a mixed set of financial results
BNP Paribas Investment Bank Growth Offsets Retail Weakness
BNP Paribas reported a rise in third-quarter earnings that was in line with market expectations, as growth in its investment bank offset softness in its domestic retail business.
BNP Paribas meets profit forecast thanks to investment bank
BNP Paribas said on Thursday that increased trading activity at its investment banking division helped it meet profit forecasts in the third quarter, after its consumer finance and car-leasing businesses disappointed.
South Korea indicts BNP Paribas for short-selling breaches, Bloomberg News reports
South Korean prosecutors have indicted BNP Paribas SA for breaching short-selling trade rules in the domestic stock market, Bloomberg News reported on Friday, citing sources.
France's top court orders BNP Paribas to repay scam victim
France's top court ordered BNP Paribas SA on Wednesday to repay a client who fell victim to a scammer who pretended to be an adviser for the bank.
BNP Paribas to scrap Bahrain as Middle East HQ and cut jobs, sources say
BNP Paribas is planning to reduce headcount in Bahrain and scrap Manama as its Middle East and Africa (MEA) head office, after deciding all its local offices in the region would report to Paris, two sources close to the matter said.
BNPQY or NABZY: Which Is the Better Value Stock Right Now?
Investors with an interest in Banks - Foreign stocks have likely encountered both BNP Paribas SA (BNPQY) and National Australia Bank Ltd. (NABZY). But which of these two stocks offers value investors a better bang for their buck right now?
BNP Paribas: An Overlooked Value Idea
BNP Paribas SA's stock has returned nearly 20% since I last covered the stock in February 2023. However, a changing interest rate environment warrants a revised outlook. The bank's second quarter results showed strong performance in corporate and institutional banking, steady growth in investor protection services, and a stable balance sheet with a CET 1 ratio of 13%. BNP Paribas' acquisition activities, including AXA Investment Managers and HSBC Continental Europe, might enhance its cross-selling strategy and non-cyclical wealth management operations.
Hedge fund investors seek new allocation to equity strategies, says BNP Paribas
Pension funds, endowments and family offices are planning to make new equity hedge funds allocations through the end of the year, a survey by BNP Paribas showed, as the strategy has led the industry performance in 2024.
