“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.