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BNPP reports profit rebound

BNP Paribas today reported net income attributable to shareholders of €2.1bn (US$2.7bn), a 31.2% rise over the corresponding quarter for 2009. This number beat analysts’ forecasts Revenues were up 11.8% to €11.17bn for the same period. Including French Retail Banking (including 100% of Private Banking in France) generated pre-tax income €501m, up from the €425m for the second quarter of…

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