The global markets business of the French banking group has reported sustained activity in equity derivatives in both Q4 and full year 2023.
BNP Paribas has posted net revenues of €10.9 billion (US$11.8 billion) for the fourth quarter of 2023 – level compared to the prior year quarter. Fees in wealth management were sustained through increased client transactions and the offering of structured products In the operating divisions, Q4 revenues in corporate & institutional banking (CIB), at €3.5 billion, were down 2.6% year-on-year (YoY). Revenues in CIB’s global markets business reached €1.5 bi