BNP Paribas said its trading unit suffered a hit from souring debt in the third quarter, adding to challenges for Chief Executive Officer Jean-Laurent Bonnafe after a string of recent setbacks.
Goldman Sachs CEO David Solomon downplayed concerns that have surfaced following the collapse of US firms First Brands and Tricolor, and said he doesn’t see any systemic risk looming in the credit market.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta.
Chapters:
00:00:00 – The Opening Trade
00:00:47 – Market Check
00:01:54 – Trump on Japan, Takaichi
00:03:49 – Qualcomm’s Rival Nvidia Chip
00:06:34 – BNP Paribas, HSBC Deliver Earnings
00:08:00 – BNP Paribas CFO on Provisions for ‘Specific’ Credit Issue
00:14:59 – Qatar Finance Minister
00:23:02 – Japan Prime Minister Takaichi and Trump in Yokosuka
00:27:44 – German Business Confidence Jumps to Highest Level Since 2022
00:34:53 – Missile Deliveries for Japan Program: Trump
00:39:07 – Novartis CEO
00:47:28 – Stocks to Watch: Novartis, HSBC, Porsche
01:09:08 – BNP Paribas Stocks
01:10:34 – HSBC Stock Surges
01:14:06 – Hurrican Melissa in Jamaica
01:17:00 – Japan is a Big Invester in US: Trump
01:21:50 – Trump-Xi Meeting on Asia Trip
01:29:49 – David Solomon Bill Winters on Credit Risk
01:32:52 – Nvidia GTC
——–
More on Bloomberg Television and Markets
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