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BNP Paribas profit soars on investment banking

French bank also reveals it has completed a restructuring to meet Europe's new banking rules

French bank BNP Paribas said on Wednesday it has completed restructuring kicked off last year to meet Europe's new banking rules and that an increase in investment-banking revenue contributed to a jump in third-quarter net profit.

France's largest listed bank said third-quarter net profit rose to €1.32bn, from €541m in the same quarter last year, which included a €2.14bn write down of the value of its Greek sovereign debt. Analysts had expected net profit of €1.25bn.

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