by Amruth Sundarkumar | Sep 16, 2021 | Banks
BNP Paribas Asset Management announced on Wednesday that it has agreed to buy a majority stake in Dutch asset manager and specialist lender Dynamic Credit Group. As per the company statement, Dynamic Credit has assets under management of €9bn ($10.6bn) consisting...
by Amruth Sundarkumar | Aug 2, 2021 | Banks
European banks BNP Paribas, BBVA and UniCredit Reported upbeat earnings results: French banking major BNP Paribas reported net income of €2.9bn ($3.4bn) in Q2, a 27% YoY jump. Its domestic markets division saw revenues rise ~10% while investment banking (IB) reported...
by bondevalue | May 2, 2021 | Financial Institutions
BNP Paribas reported first-quarter net income of €1.8bn ($2.18bn), up 38% YoY. Its investment banking division reported strong revenue growth, up 25% YoY while its FICC revenues dropped 16%. “It’s a quarter where basically all lights are green”, CFO Lars Machenil...
