loss after loss

clipped from http://www.iht.com/articles/ap/2008/05/14/business/EU-FIN-EARNS-France-BNP-Paribas.php

French bank BNP Paribas says first quarter net profit falls 21 percent, less than expected

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The Associated Press

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PARIS: French bank BNP Paribas SA said Wednesday its first-quarter net profit declined by 21 percent as the global credit crisis hurt profit at its corporate and investment bank.

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Published: May 14, 2008

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France's largest bank beat expectations to post a net profit for the quarter of €1.98 billion (US$3.06 billion), down from €2.51 billion in the same period a year earlier.

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