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BNP Paribas Corporate and Investment Banking 3rd Quarter Results 2011

2011-11-03 - Against a backdrop of very distressed markets marked by plummeting equity markets, stepped up concerns over the sovereign debt crisis in a number of European countries, limited liquidity and extremely high volatility, CIB’s revenues were down sharply (-39.8%) compared to the third quarter 2010, at 1,746 million euros.

Against a backdrop of very distressed markets marked by plummeting equity markets, stepped up concerns over the sovereign debt crisis in a number of European countries, limited liquidity and extremely high volatility, CIB’s revenues were down sharply (-39.8%) compared to the third quarter 2010, at 1,746 million euros. These revenues include 362 million euros in losses from the sale of sovereign bonds from the treasury banking book. Excluding this effect, CIB’s revenues fell 27.3% compared to the third quarter 2010.

For more information: access directly to the BNP Paribas site for shareholders and investors or to the BNP Paribas Group Press Release: Results as at 30 September 2011

 

Offical date: 2011-11-03