Stay updated with breaking news from Charles closser. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Looking and the largest Engineering Company and its business thats breaking out now. Hello. Welcome to countdown. I am mark barton joined by Caroline Hyde and ryan chilcote. Breaking earnings from bnp paribasrans largest bank, the biggest loss in its 14year history after the record fine for doing business with iran. Loss approaching 4. 3 2 billion euro, the second quarterly loss since the bank was formed in a merger in 2000, slightly more than analyst estimate of 4. 27 billion euro. Almost 9s was fined billion after pleading guilty to criminal charges in the u. S. On june 30. That was a record sum for a bank accused of violating u. S. Sanctions. Interestingly, leaving aside onetime items, they earned 9. 2 billion euros in the corridor. Bank was that, the profitable but at bloomberg, we include one off items, the largest loss in its history. Thats go to paris. Caroline is ....