BNP Paribas’ VAR soars 17% after brutal Q4

Equity revenues fall 70% on year-ago quarter

Heightened volatility in equity markets during the fourth quarter lashed trading revenues at BNP Paribas and sent its value-at-risk metrics soaring.

The bank’s average VAR jumped 17% to €27 million ($31 million) over the three months to end-December, its highest level since the second quarter of 2017. Over the same period, revenues generated by the global markets division, the bank's trading hub, fell 43% to €650 million.

The effects of the fourth-quarter turbulence rippled through the bank’s

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here