According to new research by Luca Solca, the head of luxury goods at Exane BNP Paribas, the UK has become the cheapest luxury goods market in the world. The shift is due to the country’s decision to leave the EU, which subsequently devalued the pound 10-percent against the euro. When speaking with Business of Fashion, […]
Travellers purchasing luxury goods abroad account for around 30% of worldwide revenues, according to a study produced by customer engagement specialists Contactlab in conjunction with Exane BNP Paribas.
PARIS (Reuters) - BNP Paribas will unveil new investments in its retail banking business when it presents a new plan early next year, the head of the unit said as France's biggest bank aims to turn its sprawling European network into a more Internet-driven service. Show More Summary
BNP Paribas has a simple suggestion: buy the 10-year Treasury. In a quick update Thursday morning, the firm sent around a trade recommendation telling clients to buy the 10-year Treasury, putting a target price of 1.40% on the trade. The...Show More Summary
Professor Herman Daems Chairman of the Board, KU Leuven, The University of Leuven Chairman, BNP Paribas Fortis Capitalism is not an ideology, at least not for me. I see capitalism as a system to create and distribute wealth. Capitalism certainly does not work perfectly and it has many shortcomings. Show More Summary
U.S. stock prices and oil have fallen out of the lock-step relationship that dominated trading earlier this year. Can it last? Antoine Porcheret at BNP Paribas warns on Wednesday that any pause in oil prices is likely to again inflame worries about corporate credit in the energy sector, meaning that stocks and oil would likely resume their slide together. Read More »
The lender said net income came in at 1.8 billion euros for the first three months of the year. The market consensus had been for a decline in profit.
A slew of European investment banks put out first quarter earnings on Tuesday and it's a mixed bag. While several beat analysts' forecasts, the overall theme is a big drop off in profits from last year, signaling just how tough the market...Show More Summary
Diego Schwartzman won the first major title of his career on Sunday, beating Grigor Dimitrov 6-7 (5), 7-6 (4), 6-0 in the final of the 2016 TEB BNP Paribas Istanbul Open. The two served up a sloppy but entertaining contest that features...Show More Summary
Grigor Dimitrov reached the final of the TEB BNP Paribas Istanbul Open in Turkey on Saturday after beating Ivo Karlovic, and he'll face either Diego Schwartzman or Federico Delbonis. Dimitrov took the match in straight sets, his ruthlessness...Show More Summary
Second-seeded Grigor Dimitrov is safely through to the semi-finals of the 2016 TEB BNP Paribas Istanbul Open after beating Jiri Vesely in straight sets. The Bulgarian swept past his opponent with considerable ease on Friday after a gritty...Show More Summary
Top seed Bernard Tomic was knocked out of the 2016 TEB BNP Paribas Istanbul Open on Thursday, surprisingly beaten in straight sets by Diego Schwartzman. The Argentinian swept past his opponent with consummate ease, winning the second-round clay-court encounter, 6-2, 6-2, at the impressive Koza World of Sports facility on Day 6. Show More Summary
Second seed Grigor Dimitrov survived a fightback from qualifier Adrian Ungur to reach the quarter-finals of the 2016 TEB BNP Paribas Istanbul Open on Wednesday, winning 7-5, 4-6, 7-5. Federico Delbonis, Jiri Vesely and Albert Ramos-Vinolas...Show More Summary
Jiri Vesely cruised into the second round of the 2016 TEB BNP Paribas Istanbul Open on Tuesday, beating Thiemo de Bakker 6-3, 7-5. The sixth-seeded Vesely needed just over 90 minutes to get past the Dutchman on a cold and windy day in Istanbul. Show More Summary
Albert Ramos-Vinolas was the only seeded player to take to the court during Monday's TEB BNP Paribas Istanbul Open action, beating France's Adrian Mannarino in two sets, 7-5, 6-1, to book his spot in the next round. The 28-year-old needed...Show More Summary
Most luxury brands are not recognising the potential for effective email marketing, according to a new study produced by customer engagement specialist ContactLab in conjunction with Exane BNP Paribas. The Dawn of Luxury CRM: Email do’s and don’ts study reveals how luxury brands can better engage with their customers through email.
The new gdp figure came in at 6.7%. No matter what you believe “the real number” to be, this is probably more important: Chen Xingdong, China chief economist at BNP Paribas, notes that first quarter growth was bolstered by industrial...Show More Summary
A subsidiary of BNP Paribas Group has announced a partnership that will find it leveraging blockchain technology to enable private companies to issue securities.Revealed today, the partnership finds BNP Paribas Securities Services, its...Show More Summary
By EconMatters Barclays, BNP Paribas and a bunch of shorts are going to have to cover before the Doha Meeting. Expect the short squeeze to begin sometime this week. © EconMatters All Rights Reserved | Facebook | Twitter | YouTube | Email Digest | Kindle
The early exuberance in oil has faded today as WTI tumble to fresh one-month lows......crucially losing the key 40-week moving average once again as the downtrend looks set to continue. With BNP Paribas warning that WTI is set to revisit...Show More Summary