The French bank reported ‘increased’ volumes of structured products issuances in the third quarter despite a ‘lacklustre’ market while revenues were up in the three operating divisions thanks to business growth, according to Jean-Laurent Bonnafé (pictured), chief executive officer.

BNP Paribas issued 44,115 structured products in the third quarter of 2019, up three percent from the 42,866 products launched by the bank in the prior year quarter, but down nine percent compared to Q2 2019 when it released 48,508 products, according to SRP data. The vast majority of BNPP’s products were listed certificates targeted at investors in Germany and Austria. In France, the bank sold 120 structured products – worth approximately €521m – which were distributed v

Continue reading with a subscription to the SRP market intelligence platform.

Request Demo

Already a subscriber? Login