French lenders miss out on trading boom powering Wall Street banks
BNP Paribas and Crédit Agricole report higher first-quarter profit but are unable to fully capitalise on market volatility
BNP Paribas and Crédit Agricole report higher first-quarter profit but are unable to fully capitalise on market volatility

Asset management chief points to continent’s financing needs and more stringent regulation to protect from mis-selling

Europe’s biggest investment banks missed out on gains from commodities in quarter marked by oil swings

Shares in Wall Street bank fall 3% in pre-market trading

First-quarter results come amid growing concerns around the links between traditional lenders and the private credit boom

Loan growth and hedging help bolster banking sector profitability

France’s largest lender says issue affecting its global markets unit involves financing of receivables