BNP Paribas profit tops estimates on lower costs and global banking

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BNP Paribas profit tops estimates on lower costs and global banking
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Calling Chard: asparagus and leek risotto with chicken | SaltWirePARIS - BNP Paribas reported a fall in first-quarter profit and revenue on Thursday but beat analyst forecasts, as lower expenses and a strong performance in its corporate banking business offset flat or falling revenues elsewhere.

The French lender, which disappointed investors in February by delaying a key profitability target, struck an upbeat tone for 2024, reiterating its goal to generate full-year earnings of more than 11.2 billion euros.

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