BNP Paribas Fixed-Income Trading Jumps

  • Fixed-income revenue growth snaps streak of quarterly declines
  • BNP debt trading beats rivals, but equities sales fall again
CFO Lars Machenil discusses the bank’s performance, outlook and strategy.Source: Bloomberg
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BNP Paribas SA surprised investors with a rebound in its fixed-income trading business, beating all its European and U.S. peers. Its shares surged to a six-month high.