0957 GMT - BNP Paribas's new targets are what the market wanted to hear, UBS says in a research note. The French bank committed to moderate risk-weighted assets growth, to return excess capital via share buybacks and more flexibility around business portfolio management, analyst Jason Napier and associate Nicolas O'Sullivan write. They add that some investors might question whether the 13% capital ratio target by 2027 can be achieved earlier, which non-core assets it will look to offload and what the restructuring costs will look like. The lender also announced a 1.15 billion euro share buyback. Shares rise around 6%. (elena.vardon@wsj.com)
(END) Dow Jones Newswires
November 20, 2025 04:57 ET (09:57 GMT)
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