LONDON/MILAN/PARIS London Stock Exchange entered exclusive talks to sell Borsa Italiana to Euronext on Friday, with the French operator seeing off Deutsche Boerse and Switzerland's Six as it bids to add another bourse to its pan-European network.
PARIS The CEO of AXA on Thursday expressed confidence in the French insurer's company-focused XL Group after the business reported a loss in the first half following a spike in COVID-19-related claims.
PARIS, Aug 6 The CEO of AXA on
Thursday expressed confidence in the French insurer's
company-focused XL Group after the business reported a loss in
the first half following a spike in COVID-19-related claims.
* Bank posted quarterly loss of 1.26 bln euros on Monday
(Updates with CEO comments)
PARIS The new chief of Natixis said his sole objective was to boost value for shareholders of the French bank and promised to announce the results of a strategic review in November.
* Aim is to grow all group activities, including CIB - new
PARIS French investment bank Natixis announced on Monday it was replacing its CEO with the finance chief of its parent company in order to prepare a new strategy after it reported its second straight quarterly loss.
* Natixis says CEO Riahi to depart due to strategic
Nicolas Namias, CFO of parent BPCE to replace Riahi
PARIS The euro zone's biggest bank, BNP Paribas , beat second quarter profit expectations on Friday, boosted by a surge in fixed income trading and strong demand for corporate finance.
* Fixed income, currencies, commodities trading revenue up