France's BNP Paribas detailed on Tuesday a reorganisation of its corporate and investment banking (CIB) activities effective January 1, 2027, an internal memo seen by Reuters showed.
French lender BNP Paribas could raise its payout ratio to 70% of annual earnings from 60% as part of an upcoming board discussion, CEO Jean-Laurent Bonnafe told analysts on Wednesday.
The French bank reported an increase in earnings for the third quarter, boosted by 9.45% revenue growth and a strong performance by its equities and prime brokerage arm.
BNP Paribas posted a forecast-beating rise in third-quarter profit on Wednesday, aided by its investment bankers, as the lender announced a €1.3 billion ($1.
PARIS--(BUSINESS WIRE)-- #assetfinance--BNP Paribas Leasing Solutions advances its platform transformation with Odessa, modernizing asset finance operations across Europe.
The European Investment Bank and BNP Paribas have signed an agreement to mobilise €700 million in guarantees for European electricity grid manufacturers, backed by €350 million in counter-guarantees from each party, BNP said on Tuesday.
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