BNP Paribas Sees $983 Million Earnings Hit From BNL Goodwill

Updated on
  • France's biggest bank sets aside more capital for Italian unit
  • Lender maintains plan to pay out 45% of profit in dividends

BNP Paribas SA wrote down the goodwill related to its Italian corporate and consumer banking unit, which will cut fourth-quarter earnings by about 900 million euros ($983 million).

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