Paris | BNP Paribas has posted forecast-beating quarterly profit, boosted by its corporate and investment banking (CIB) business, lifting its share price by more than 3 per cent.
The strong performance from France's biggest bank comes against a backdrop of a sector still struggling to come to terms with prolonged low interest rates and only a week after Deutsche Bank reported bigger-than-expected losses as it undergoes one of the biggest overhauls to an investment bank since the financial crisis.
