BNP Paribas Beats Profit Estimate Amid Surge in Bond Trading

  • CFO says investment bank to grab share from retreating rivals
  • Consumer banking in Europe hampered by low interest rates

BNP Paribas Rides Bond Trading Surge to Profit Beat

BNP Paribas SA, France’s biggest bank, posted second-quarter profit that beat analysts’ estimates as a surge in bond trading outweighed a drop in equities and low interest rates hampered consumer banking.

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