Edition:
United States

Matthieu Protard

Insurer AXA raises profit targets in wake of $15 billion XL deal

Nov 28 2018

PARIS AXA , Europe's second-biggest insurer, expects its profitability to improve in the next two years thanks to U.S. business brought in by its new XL arm, and said it would now focus on expanding in Asia.

French insurer AXA extends climate change policy to XL

Nov 26 2018

PARIS AXA , France's biggest insurer, has extended its climate change policy to its recently acquired XL division, joining a growing list of European insurers that have taken action to help to tackle global warming.

UPDATE 1-French insurer AXA extends climate change policy to XL

Nov 26 2018

* XL to stop insurance on coal-fired power plants (Adds more detail and background)

France's Casino buys 5 percent stake in fintech firm Lyf Pay

Nov 19 2018

PARIS Casino said on Monday it had bought a 5 percent stake in fintech company Lyf Pay as part of the French retailer's bid to gain a foothold in the European mobile payments business.

SocGen's profits rise on Euroclear stake, higher revenues

Nov 08 2018

PARIS Societe Generale on Thursday reported stronger than expected third-quarter profits, helped by a big one-off gain related to the French bank's stake in Euroclear and higher overall revenues.

UPDATE 2-France's Credit Agricole says on track after Q3 gains

Nov 07 2018

* Trading arm hit by adverse market conditions (Adds analyst comment and detail)

Investment banking weakness clouds BNP Paribas' results

Oct 30 2018

PARIS A drop in revenue at BNP Paribas as its investment bank underperformed overshadowed a rise in third-quarter profit on Tuesday, sending shares in France's biggest listed lender lower in early trade. | Video

UPDATE 2-Investment banking weakness clouds BNP Paribas' results

Oct 30 2018

* Q3 net profit rises 4 percent to 2.12 bln euros (Recasts, adds background, analyst comment)

Auslandsgeschäft verhilft BNP Paribas zu mehr Gewinn - Erträge sinken

Oct 30 2018

Paris Die französische Großbank BNP Paribas hat dank Zuwächsen im Auslandsgeschäft ihren Gewinn gesteigert.

UPDATE 2-French reinsurer Scor posts profit in defence against Covea bid

Oct 24 2018

* Scor says Covea has not made a new offer (Adds further detail and background)

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