2016: Best improvement of the Group’s performance since 2011
BNPP’s latest strategic update for its corporate and institutional bank might have fallen short of the expectations of a market now used to the wild lurches of rival European firms. But to dismiss this as mere tinkering would be a mistake. It builds on an already bold and long-held plan. And, crucially, it is one the bank’s leaders say they can afford.
By Mark Baker, in Euromoney
BNP Paribas Chairman Jean Lemierre calls upon the EU to protect the interests of European banks...