BNP shakes off impact of U.S. fine, returns to profit

France's No. 1 bank BNP Paribas (BNPP.PA) returned to net profit in the third quarter, recovering from a costly U.S. BNP -- battling to restore investor and client confidence after a $8.9 billion fine from U.S. The bank settled with U.S. "The excess capital story at BNP has been derailed by litigation for the time being, but trends this quarter are encouraging," Geoff Dowes, an analyst at ...

News source: Yahoo! News

Related news: BNP shakes off impact of US fine, returns to profit