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Asia a standout region as NNM flows slow at BNP Paribas WM

The logo of BNP Paribas is seen on top of the bank’s building in Fontenay-sous-Bois, eastern Paris, May 30, 2014. REUTERS/Charles Platiau

BNP Paribas’ wealth management business saw “good asset inflows … in France and Asia” particularly during the year’s third quarter, with assets under management climbing 4.8% year on year, according to bank’s latest earnings report. Wealth management AUM hit 358 billion, up from €355 billion in Q2 (+0.7%) and €341 billion in yearly terms. Net inflows, however, were more anaemic, with…

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