BNP Paribas wealth management unit reported a 7.1% increase in assets under management in its 2012 third quarter results year-on-year.
Asset inflows jumped to 265bn ($338bn) from 247bn reported in September 2011.
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The French bank said that good asset inflows in wealth management where seen in its domestic markets and in Asia.
Down hill slip for revenue
There was, however, a 4.5% drop in revenue year-on-year in the bank’s wealth and asset management division.
Revenue fell to 682m in the third quarter of 2012 from 714m on a year-on-year basis.
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By GlobalDataOperating income also slid to 164m from 170m reported at the same time last year.
Pre tax income declined slightly to 180m from 183m in the third quarter of 2011.
