BNP Paribas

BNP Paribas shares fell after it disclosed first-quarter credit provisions 

It had set aside €922 million. Some of that came from “forward-looking provisions related to the geopolitical environment,” it said.

The increasing level of credit provisions highlights how the Iran war and its potential implications are rippling through the European economy. 

Net income rose 9% to €3.22 billion ($3.8 billion) for the three months through March, beating analyst estimates.

Like many competitors, BNP Paribas notched a strong performance from buying and selling equities in the first quarter, with revenue in the unit increasing to €1.26 billion.

https://www.bloomberg.com/news/articles/2026-04-30/bnp-paribas-beats-on-profit-as-equity-traders-see-revenue-rise


The start of the phenomenon has been pinpointed as 9 August 2007 when bad news from French bank BNP Paribas triggered sharp rise in the cost of credit, and made the financial world realise how serious the situation was.

https://englundmacro.blogspot.com/2015/12/frozen-withdrawals-in-2007-and-2015.html


30 april

https://englundmacro.blogspot.com/2026/04/30-april-oil-hits-wartime-high-lrhw.html




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