Christine Lagarde has told the ECB Governing Council and European Council President António Costa she intends to leave the central bank's presidency on 7 February 2027, triggering a hunt for her replacement.
BNP Paribas reported third-quarter net income of €3.46 billion, 14% higher than a year earlier and ahead of the €3.23 billion analyst consensus, alongside a fresh €1.3 billion share buyback plan.
A sharp rise in euro zone government borrowing costs, driven mainly by France, has rekindled investor worries about how closely lenders are tied to their home governments' finances. European bank shares have slid about 10% in six weeks.
US Treasury Secretary Scott Bessent said he does not expect the unrest in France's bond market to spill over elsewhere, even as the country's debt has lagged peers amid political turmoil.