BNP Paribas Will Benefit From Lower ECB Rates, CFO Says

BNP Paribas Chief Financial Officer Lars Machenil discusses the outlook for the lender’s investment banking unit and the prospect of lower European Central Bank interest rates. He spoke on Bloomberg Television after the Paris-based firm’s fixed-income traders trailed all of the large Wall Street banks in the first quarter.

Read more on Bloomberg.com: https://www.bloomberg.com/news/articles/2024-04-25/bnp-s-fixed-income-traders-trail-for-fourth-straight-quarter
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