ABU DHABI / WAM Following consultations and approval of President His Highness Sheikh Mohamed bin ...
Read More »BNP Paribas posts lower trading revenue on fixed-income drop
Bloomberg BNP Paribas SA couldn’t avoid the trading slump that dragged down results at its biggest US and European competitors in the third quarter, as low interest rates and tepid demand from clients curbed activity. Income from trading bonds, currencies and commodities at BNP fell 26 percent to 801 million euros ($932 million) from a year earlier, based on figures ...
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