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BNP Paribas fixed income trading jumps 26% as equities slide

Investment Banking Editor

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BNP Paribas’s fixed income unit notched a 26% rise in revenue during the second quarter, but its stock traders failed to follow Wall Street rivals by riding the volatility wave caused by US president Donald Trump’s tariff policies. 

The French bank brought in €1.4bn in fixed income trading revenue in the second quarter of 2025, an increase of 26% and ahead of market predictions. 

Th French bank has posted a bounce in fixed income fees, but equities revenue dropped 15%

Paul Clarke

Banking

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