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BNP Paribas WM posts marginal AUM growth

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

Assets under management for BNP Paribas’ global wealth management (WM) business rose by less than 2% over the year’s second quarter, according to the bank’s most recent financial report. Client assets at the French private bank experienced a slight quarter-on-quarter (QOQ) increase, from €325 billion (US$373 billion) to €331 billion (US$367 billion at the time of publishing). The bank added that…

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