The Wealth and Asset Management business of BNP Paribas has reported a pre-tax income of 164m for the third quarter of 2014, a rise of 7% compared to 153m a year ago.
Revenues from Wealth and Asset Management rose to 700m from 665m in the third quarter of 2013.
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For the quarter ended 30 September 2014, gross operating income rose to 151m from 140m in the year ago quarter.
Overall, the French banking group reported net profit of 1.5bn, compared with 1.36bn a year ago.
Its total revenue climbed 4% to 9.54bn versus 9.18bn. Revenue in the investment banking business gained 2.9% in the period.
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