United States

Maya Nikolaeva

Mar 20 2017

BNP Paribas aims to expand European investment banking

PARIS BNP Paribas , France's biggest bank, plans to expand its investment banking activity in Europe as competitors retrench, it said on Monday, part of a strategy to offset weak revenue in domestic retail markets.

Mar 20 2017

UBS faces French trial in long-running tax case

ZURICH/PARIS UBS and its French subsidiary face trial in France after a long-running investigation into allegations that the Swiss bank helped wealthy clients avoid taxes.

Mar 10 2017

We're not work-shy: France renews Brexit business push

PARIS France sets out to dispel a national stereotype in its latest advertising push to lure financial companies from Britain, with the slogan: "You think we don't work much? We just like to be effective."

Feb 23 2017

AXA steers clear of big deals, manages risks stemming from French politics

PARIS AXA has reached a "critical size" and is ruling out major acquisitions such as Italy's Generali , the French insurer's chief executive Thomas Buberl said on Thursday.

Feb 17 2017

Domestic banks lose ground in France's AFT debt agency rankings

PARIS French banks lost ground in the 2016 ranking of the most active financial institutions on primary and secondary government debt markets, according to public debt management agency Agence France Tresor (AFT).

Feb 17 2017

Struggling European banks see light at end of low-rates tunnel

FRANKFURT/PARIS Rock-bottom interest rates hurt more big European banks in 2016 than in the previous year, but the worst could soon be over with the prospect of rising borrowing costs rippling from the United States to Europe.

Feb 15 2017

French bank Natixis under formal investigation over sub-prime losses

PARIS Natixis has been placed under formal investigation in France over statements the bank released regarding its financial position at the start of the global sub-prime lending crisis in 2007, it said on Wednesday.

Feb 09 2017

SocGen to list stake in vehicle leasing business

PARIS Societe Generale , France's second-biggest listed bank, is to float its vehicle leasing arm ALD towards the middle of this year, after reporting stronger than expected fourth-quarter results.

Feb 07 2017

BNP Paribas in 3 billion euro drive to boost profitability

PARIS BNP Paribas , one of Europe's biggest banks, plans to spend 3 billion euros ($3.2 billion) from 2017-2020 to boost profitability, it said on Tuesday, after reporting 2016 results that showed its retail businesses in the region struggling. | Video

Feb 05 2017

France's scandal-hit Fillon faces new calls to quit presidential race

PARIS Heavyweight centrist Francois Bayrou joined calls on Sunday for French presidential candidate Francois Fillon to withdraw from the race, as his own conservative camp mounted pressure on the back of a deepening financial scandal around his family.

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