BNP sees derivatives’ activity moving back to normal

BNP Paribas reported revenues of €11.7 billion in the second quarter of 2020, up four percent from the same quarter last year. Revenues of the operating divisions were up by 5.2%, with corporate and institutional banking (CIB) achieving a strong increase. CIB’s revenues, at €4.1 billion, rose by one-third compared to the second quarter of 2019 thanks to ‘extremely sustained activity in all client segments, due to the specific needs of corporates and institutions during th