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BNP Paribas Shares Gain After Q1 Profits Rise On Trading Boost

May 3, 2017

Via: TheStreet

BNP Paribas SA (BNPQY) shares were active in early Paris trading after France’s biggest bank posted stronger-than-expected first quarter earnings amid a surge in revenues from its global markets division.

BNP said net income for the first three months of the year rose 4.4% to €1.89 billion, beating the consensus forecast of €1.6 billion despite weaknesses in its domestic retail market.

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