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BNP Paribas reports stronger-than-expected Q2 profits, plans branch closures to boost earnings.
BNP Paribas, France's largest bank, reported better-than-expected profits for the second quarter of 2025, with net income down 4% to €3.26 billion, helped by a rise in fixed income trading revenue.
CEO Jean-Laurent Bonnafe expressed optimism about the second half of the year, with net income expected to exceed €12.2 billion.
The bank plans to close around 200 branches over two years to enhance profitability.
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BNP Paribas reporta ganancias más fuertes de lo esperado en el segundo trimestre, planea cierres de sucursales para impulsar las ganancias.