French bank BNP Paribas has reported better-than-expected third-quarter net profit, boosted by a pickup in fixed-income trading.
The Paris-based lender, France's largest listed bank by assets, said net profit rose 3% to €1.89 billion ($2.06 billion) in the three months ended September 30, despite a €202 million accounting charge related to its debt. Revenue grew 2% to €10.59 billion.
