However, its global banking and investor solution business--which includes investment banking, security services and asset management--posted a 15% drop in net profit to EUR454 million in the first quarter from EUR532 million a year ago. BNP Paribas pre-tax profit of € 1.06bn m ($ 924 ), up 10% Société Générale SA , due to a debt valuation adjustment and strong retail banking results which helped to offset lower trading revenue from volatile markets.
BNP Paribas pre-tax profit of € 1.06bn m ($ 924 ), up 10% Société Générale SA , due to a debt valuation adjustment and strong retail banking results which helped to offset lower trading revenue from volatile markets.