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Matthieu Protard

SocGen not decided yet on any layoffs as it seeks savings - source

Feb 22 2019

PARIS Societe Generale has not yet taken a decision about any layoffs at its corporate and investment bank as it looks for 500 million euros (435.5 million pounds) in cost savings, a source at the bank said on Friday.

SocGen not decided yet on any layoffs as it seeks savings - source

Feb 22 2019

PARIS, Feb 22 Societe Generale has not yet taken a decision about any layoffs at its corporate and investment bank as it looks for 500 million euros ($567 million) in cost savings, a source at the bank said on Friday.

Insurer AXA reports lower 2018 net profit after IPO costs and natural disasters

Feb 21 2019

PARIS Net profits at AXA, Europe's second biggest insurer, fell sharply as a result of charges related to its U.S. unit's initial public offering (IPO) and a spate of natural disasters, although AXA hoped for higher earnings this year.

UPDATE 1-Reinsurer Scor's 2018 profit rises despite Q4 blows from natural disasters

Feb 20 2019

* CEO Kessler reiterates Scor plans to stay independent (Adds details on loss in fourth quarter)

Credit Agricole's fourth quarter profits beat forecasts, meet targets a year early

Feb 14 2019

PARIS Credit Agricole beat fourth quarter net profit expectations and achieved its profit goals a year ahead of target, sending shares in the French bank higher.

UPDATE 2-Credit Agricole's Q4 profits beat forecasts, meet targets a year early

Feb 14 2019

* BNP Paribas, SocGen cut targets after weak performance (Adds share price and comments from investor and analyst)

Societe Generale trims targets as market downturn takes toll

Feb 07 2019

PARIS Societe Generale has cut its profitability target after the French bank was hit by a fourth-quarter market downturn, joining other European banks battling a tough environment.

French bank SocGen cuts targets after suffering market downturn hit

Feb 07 2019

PARIS, Feb 7 France's third largest listed bank Societe Generale cut its profitability target after a market downturn hit its investment and corporate banking unit during the fourth quarter.

BNP Paribas cuts targets, costs after weak finish to 2018

Feb 06 2019

PARIS BNP Paribas on Wednesday reduced its profit target for 2020 and said it planned to cut 350 million euros in costs from its corporate and investment bank after weak financial markets hit revenues in the final quarter of 2018.

French bank BNP Paribas lowers targets after weak fourth quarter

Feb 06 2019

PARIS, Feb 6 France's largest listed bank BNP Paribas lowered its profitability and revenue growth targets for 2020 after adverse financial markets hit revenues in the fourth quarter of 2018.

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