France’s BNP Paribas (BNPP.PA), opens new tab exceeded expectations with a big jump in earnings on Wednesday thanks to a boost in equities trading, although a sharp drop in net interest income at its domestic retail business unnerved investors.
The euro zone’s biggest bank said net income grew by 21% on a reported basis from a year earlier to 3.4 billion euros ($3.69 billion), its best-ever second quarter, exceeding the 2.91 billion-euro average estimate of 16 analysts compiled by the group.
Source: REUTER
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