BNP Paribas CFO on Fixed Income, Cost of Risk & Macro Outlook

The transcript discusses BNP Paribas' strong Q3 performance and market share gains despite headwinds. It addresses the increased cost of risk due to a Polish mortgage moratorium and reassures that future provisions are manageable. The Federal Reserve's rate hike is analyzed, highlighting investor concerns about timing. The European economic outlook is discussed, with predictions of low or negative GDP growth and gradual disinflation. Despite challenges, BNP Paribas remains confident in achieving its 2025 targets.

What factors are contributing to the current headwinds faced by BNP Paribas?

What is the speaker's perspective on the sustainability of the current performance of BNP Paribas?

How has the cost of risk changed for BNP Paribas this quarter, and what is the reason behind it?

How does the speaker view the impact of the Federal Reserve's rate hike on investors?

What is the predicted macroeconomic environment for France and European economies next year according to the speaker?