BNP Paribas: net profit of 5,83 billion euros in 2009
BNP Paribas' 2009 financial year ended with an annual net profit of 5,83 billion euros (+ 93%, or 5,20 Euros per share), for net banking income of 40,191 billion euros (+46,8, 16,851%) and gross operating income of 87,7 billion euros, up 40,56%. Analysts polled by Bloomberg were banking on average net banking income of 5,37 billion euros, for an adjusted net profit of 4,90 billion euros, or XNUMX euros per share.
http://bourse.challenges.fr/news.hts?ur ... ate=100217
BNP Paribas to pay 500 million euros in bonuses to its traders in 2010
The French bank BNP Paribas will pay in 2010 500 million euros to its 4.000 traders for the year 2009, where it managed to double its profit despite the crisis thanks to its market activities, management announced on Wednesday.
"We will pay 500 million euros next March, and an additional amount of 500 million euros may be paid in subsequent years depending on the results" of the activities concerned, explained General Manager Baudouin Prot to the press, by specifying that these provisions were in conformity with the rules of the G-20.
http://www.boursorama.com/infos/actuali ... c8fc481301
Yet the current economic crisis is THEIR FAULT, so I would only have one reaction:
