Investment Banking

BNP Paribas launches $1bn buyback as profits rise

BNP Paribas on Friday posted higher-than-expected net profit and revenue for the third quarter, and announced a new share-buyback program.

The Paris-based lender will buy back €900m ($1.05bn) worth of its shares starting Monday. The program will run no later than 8 February, when the bank will present its new strategy along with its 2021 results.

WSJ Logo
Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump