The French banking group’s CIB division equity market activity was sustained, especially in equity derivatives during Q3 2023.
BNP Paribas has posted revenues of €11.6 billion (US$12.42 billion) for the third quarter of 2023, up four percent compared to the prior year quarter (Q3 2022: €11.1 billion). In the operating divisions, revenues for corporate and institutional banking (CIB), at €3.9 billion, increased by three percent year-on-year (YoY), driven the global banking and securities services businesses, which were up 24.7% and 12.4%, respectively, YoY. BNPP reported sustained activity in equity deri