BNP Paribas CFO Discusses Targets as Bond Trading Income Falls

“BNP Paribas SA Chief Financial Officer Lars Machenil discusses targets and profitability, the operating environment in Europe and the impact of a weaker Turkish lira, Italy and Brexit on business. Machenil speaks with Bloomberg’s Caroline Connan in Paris as France’s biggest bank reported a 15 percent decline in fixed-income trading in the third quarter, weighing on the lender’s corporate and investment banking business.” —Bloomberg Markets and Finance

For more trends in fixed income, visit the Fixed Income Channel.