PARIS Societe Generale on Thursday reported higher second-quarter profits, supported by its overseas businesses, but a sluggish performance at its retail bank in France weighed on its shares.
PARIS French bank Credit Agricole delivered a rise in second-quarter profits on Friday that beat market forecasts and lifted its shares, driven by a good performance in Italy and its investment bank and asset management units.
PARIS BNP Paribas , France's largest listed bank, beat second-quarter profit forecasts on Wednesday as its global business offset a sharp fixed income trading fall and domestic weakness.
PARIS French insurer CNP, which has been the subject of merger speculation, reiterated its annual earnings growth targets as it posted higher interim net profits.
PARIS French bank Credit Agricole's quarterly profit fell short of expectations on Tuesday as lower revenue from its domestic retail and capital markets trading businesses ate into gains from asset management. | Video
PARIS SocGen's chief executive said he was confident of meeting the bank's long-term goals and was working to resolve litigation issues and deliver resilient profits, after a weak start to 2018 hit the shares on Friday.
PARIS French insurer AXA on Thursday priced the forthcoming initial public offering (IPO) of its U.S. division at $24-27 per share, in a deal that could value the part of the business being listed on the market at $3.5 billion.
PARIS AXA Chief Executive Thomas Buberl promised investors on Thursday to decide quickly after the flotation of its American life insurance and asset management businesses what it would do with the proceeds from it.
PARIS Credit Agricole said its French retail bank unit had reached a turning point and that revenues should grow from the levels seen in the fourth quarter last year, as it reported higher overall profits.
PARIS Societe Generale on Thursday reported an unexpected profit in the fourth quarter, beating forecasts that the French bank would make a loss partly due to tax-related charges and restructuring costs. | Video