BNP Paribas CFO Discusses Targets as Bond Trading Income Falls

The transcript discusses BNP Paribas' third quarter performance, highlighting a 4.2% increase in loans and a strong balance sheet. Despite challenges in the capital markets and fixed income sectors, the bank maintains a focus on profitability with a pre-tax return on equity of 16%. The French retail banking sector is expected to improve, while Italian market pressures are managed through cost of risk strategies. Geopolitical exposures in Saudi Arabia and Turkey are minimal, and the bank is prepared for Brexit-related changes. Overall, BNP Paribas remains a diversified and balanced bank.

What measures did BNP Paribas take to manage its exposure to the Turkish market?

What was the impact of the Turkish lira on BNP Paribas's financial results?

How does BNP Paribas view its position in the European market amidst Brexit uncertainties?

What is the main risk identified for BNP Paribas going forward?