Reported 2 days ago
BNP Paribas's CEO, Jean-Laurent Bonnafe, expressed optimism regarding opportunities in the European market despite posting mixed first-quarter results that led to a drop in shares. The bank, facing challenges from a trade war and economic slowdown, remains committed to its growth targets for 2024-2026, while noting strong performance in its investment banking division contrasted with struggles in retail operations. Despite this optimism, analysts remain cautious about the uncertain outlook for the banking sector.
Source: YAHOO