DUBAI / WAM Dubai Aerospace Enterprise (DAE) Ltd announced on Wednesday a net profit of …
Read More »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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