BNP Paribas - 1Q16 pre-tax profit of €1.607bn ($1.9bn), up 10% Getty, beating expectations, as lower provisions against bad retail loans and a debt valuation adjustment helped to offset its results from its investment banking division, which took a hit due to the volatile market conditions.
BNP Paribas - 1Q16 pre-tax profit of €1.607bn ($1.9bn), up 10% YoY, beating expectations, as lower provisions against bad retail loans and a debt valuation adjustment helped to offset its results from its investment banking division, which took a hit due to the volatile market conditions.