Barclays is considering significant cost-cutting measures that could result in substantial charges later this year. BNP Paribas has reported weaker revenue from fixed-income trading, indicating that European banks have underperformed compared to their Wall Street counterparts. As a result, BNP Paribas shares have fallen. Investors are punishing Europe's big banks as their results underwhelm.
Investors punish Europe's big banks as results underwhelm https://t.co/VyPqi389Rk https://t.co/hB31xULK9v
Investors punish Europe's big banks as results underwhelm https://t.co/jgpVzmiS3x https://t.co/CutRMpWz1U
Investors punish Europe's big banks as results underwhelm https://t.co/2EnSbewlgi https://t.co/cnB3pX7gvr
BNP Paribas shares fall after trading revenues disappoint https://t.co/ROJqWMAfl8
BNP Paribas posts weaker revenue from fixed-income trading, adding to evidence that European banks underperformed their Wall Street counterparts in a period of lesser turbulence in markets https://t.co/wUeTWk22xA
BNP Paribas posts weaker revenue from fixed-income trading, adding to evidence that European banks underperformed their Wall Street counterparts in a period of lesser turbulence in markets https://t.co/UvSm9iav7k
Barclays profits drop as trading and dealmaking slow https://t.co/otX7SYeMsJ
Barclays said it was evaluating significant action to cut costs, which could see it incur hefty charges later this year https://t.co/oLF1FUQpTD https://t.co/d2F77I37vh
Barclays shares tumbled Tuesday after it hinted it could do major cost cuts later this year https://t.co/0lYTu06Ddp https://t.co/tecPoWHt1g