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BNP Paribas's Q1 profit increase powered by trading rebound

Surge in fixed income, equities trading offsets weak retail banking in home markets

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"The CIB rebounded strongly from a low base," said Mr Bonnafé.

Paris

BNP Paribas reported a 4.4 per cent rise in quarterly profit, topping analysts expectations, as a surge in fixed income and equities trading helped offset weak retail banking in home markets where revenue fell.

The results came after French banks enjoyed a stock market rally

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