Net new money grew by €2.9bn at BNP Paribas’ private banking unit in the first half, with €1.1bn of that coming from Asia.

The bank gave no breakdown of the profits at the unit, but said that its asset management and services division that includes private banking saw revenues rise 1.9% year-on-year in the first half to €2.6bn.

Asia bolsters private banking results at BNP Paribas

David Bain

Duncan Kerr 

BNP Paribas

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