BNP Paribas said it plans to generate an average increase in net income of 6.5 percent a year until 2020. Revenue for 2020 is expected to increase by more than 0.5 percent. Cost and income are expected to decline by 3 points.
The company projects low interest rates and MIFID 2 headwinds in 2017 and 2018. Transformation costs for 2017- 2019 is expected to be 0.8 billion euros.
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org