BNP Fixed-Income Boosts Third-Quarter Profit 11%

BNP Fixed-Income Boosts Third-Quarter Profit 11%

Assessment

Interactive Video

Business

University

Hard

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The video discusses BNP Paribas' financial recovery after a record US fine and a $5.8 billion loss in the second quarter. Despite these challenges, BNP saw a 16% increase in fixed income and a 19% rise in pre-tax profit at its investment bank. The bank's capital ratio stands at 10.1%, including all recent acquisitions and fines. The video also covers the impact of an $8.9 billion US fine and a dollar clearing ban starting in 2015. BNP is working on compliance improvements and is spending €200 million on this effort. While smaller acquisitions are still possible, larger ones may face regulatory hurdles.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage increase in BNP Paribas' fixed income in the third quarter?

25%

10%

16%

20%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the capital ratio of BNP Paribas as mentioned in the transcript?

9.5%

12.5%

10.1%

11.0%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which unit of BNP Paribas contributed to half of the provisions in the quarter?

BNP Paribas Asia

BNL

BNP Paribas USA

BNP Paribas UK

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What additional challenge is BNP Paribas facing in the US apart from the fine?

Interest rate hike

Dollar clearing ban

Increased competition

New tax regulations

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much is BNP Paribas spending to improve their compliance?

€100 million

€150 million

€200 million

€250 million