Wednesday , 17 December 2025

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BNP profit beats as CEO Bonnafe sees rebound in equities

Bloomberg BNP Paribas SA got a boost from lower provisions for bad loans and a rebound in equities trading last quarter, as Chief Executive Officer Jean-Laurent Bonnafe builds up the trading business. Revenue from the stocks unit more than doubled from a year earlier, helping drive a 27% jump in overall profit that topped analysts’ estimates. Still, the Paris-based lender …

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Big rethink ahead for Chinese stocks listed in US after July

Bloomberg It’s been a hellish month for China-based companies listed in the US. A clampdown by Beijing authorities led to the worst selloff since the financial crisis, prompting a broad reassessment for a burgeoning corner of the world’s largest stock market. The Nasdaq Golden Dragon China Index — which tracks 98 of China’s biggest firms listed in the US — …

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Senators eye taxes on cryptocurrency to fund infrastructure plan

Bloomberg The Senate’s bipartisan infrastructure deal envisions imposing stricter rules on cryptocurrency investors to collect more taxes to fund a portion of the $550 billion investment into transportation and power systems. The provisions would raise an additional $28 billion from cryptocurrency transactions, according to a summary of the plan. The proposal would impose more rules on crypto brokers to report …

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