BNP Paribas reports sustained client flow

NEWS

PARIS -- French bank BNP Paribas bucked a downward trend of reduced first quarter earnings in FX in Q1, Loic Meinnel, global head of FX in London told FX Week.

Speaking after the bank’s Q1 results announcement last Tuesday (May 7), Meinnel said the bank saw continued flow from the traditional high users of FX, and that it is "fairly upbeat" about its prospects.

All horizons

"Over the past six months we have seen business coming from all horizons -- from the large corporates or financial insti