BNP Paribas has posted an unexpected fall in profit after it provisionally set aside $1.1bn (£662m) over an inquiry into a possible breach of US sanctions.
France's largest bank said fourth-quarter net income fell by 76% from a year earlier to 127m euros.
Analyst estimates were for a profit for more than one billion euros.
BNP's earnings were also hit by restructuring costs and a write down on the value of its Italian unit BNL.
In a statement, BNP chief executive Jean-Laurent Bonnafé said the bank had "a rock-solid balance sheet, high solvency and very large liquidity reserves".
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