BNP Paribas exceeds profit forecasts with trading gains and buyback

The short version
- BNP Paribas beat profit forecasts in the third quarter.
- Revenue from equities trading surged 50%.
- The bank announced a €1.3 billion share buyback.
- BNP Paribas played down its exposure to French debt.
- Other major European banks also reported third-quarter results.
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First reported by Financial Times European bank profits beat expectations in third quarter
Euronews BNP Paribas downplays French debt exposure as stock trading lifts profit