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18.11 - 03:25
BNP Paribas launches $1bn buyback as profits rise
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fnlondon.comBNP Paribas on Friday posted higher-than-expected net profit and revenue for the third quarter, and announced a new share-buyback program.
The Paris-based lender will buy back €900m ($1.05bn) worth of its shares starting Monday. The program will run no later than 8 February, when the bank will present its new strategy along with its 2021 results.
Third-quarter...
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