logo
Share SHARE
FONT-SIZE Plus   Neg

BNP Paribas Targets More Than 6.5% Growth In Net Income Per Year Till 2020

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: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Reports that Gary Cohn is considering resigning as President Donald Trump's top economic advisor have weighed on Wall Street, although the White House has denied the claims. Cohn, former president and chief operating officer of Goldman Sachs (GS), currently serves as the Director of the National Economic Council. A Pennsylvania woman has sued Chick-fil-A after she claimed a dead rodent was found baked into her chicken sandwich. Ellen Manfalouti of Northampton has filed a lawsuit in Bucks County Court against Chick-fil-A, seeking more than $50,000 for the physical and psychological damages that she endured after the incident occurred. Early Uber investor Shervin Pishevar has alleged that venture capital firm Benchmark Capital is seeking to remove Arianna Huffington from the ride-hailing company's board of directors. Pishevar also accused Benchmark of holding Uber hostage by threatening to block investments in the company and urged it to step down from Uber's board of directors.
comments powered by Disqus
Follow RTT