BNP Paribas surges on earnings beat, UBS slumps after disappointment
Shares of BNP Paribas surged after the French bank posted strong fourth-quarter results, with net income up 15.7% to €2.32bn and a dividend hike. UBS fell sharply as earnings missed estimates, with CEO Sergio Ermotti warning of rising Swiss capital requirements.
Shares of BNP Paribas surged after the French bank posted strong fourth-quarter results, with net income up 15.7% to €2.32bn and a dividend hike. UBS fell sharply as earnings missed estimates, with CEO Sergio Ermotti warning of rising Swiss capital requirements.
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