BNP Paribas Beats Q3 Profit Forecasts, Announces €1.3 Billion Buyback
BNP Paribas reported a forecast-beating rise in third-quarter profit and announced a €1.3 billion share buyback. Strong investment banking performance helped profit, the report said.
By Mateusz RabiegaBNP Paribas EURONEXT:BNP posted a forecast-beating rise in third-quarter profit on Wednesday, helped by strong performance in its investment banking division, as the lender announced a €1.3 billion ($1.45 billion) share buyback and played down the impact of soaring government bond…