Revenues from securities services at BNP Paribas were up 10.1 percent in 2018, from the year before. This was despite a drop by 1.3 percent in assets under custody.
News site Asset Servicing Times sums up the French Bank’s recent report on key figures for the past full year.
For assets under custody it finds a decrease by 1.3 percent – still leaving a respectable €9.3 trillion, though.
More to do
The securities services business itself could enjoy a 10,1 percent increase to €2.2 billion euros for the full year.
Looking at the fourth quarter of 2018, the number of transactions performed was 24 million, 5.4 percent higher than in the corresponding period one year earlier.