BNP Paribas CFO: Took Provisions Against Macro Uncertainty
The BNP Paribas CFO cited a ‘wait-and-see’ attitude from corporates in the first-quarter, and argued he took provisions against the macroeconomic uncertainties. That’s after France’s largest bank reported net income that beat estimates in the first quarter, driven by a strong performance in equities
ORIGINAL SOURCE →via Bloomberg Markets
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