Edition:
United States

Maya Nikolaeva

AccorHotels weighs taking stake in Air France KLM

Jun 04 2018

PARIS AccorHotels is looking at taking a minority stake in troubled airline Air France KLM to compete better with the broader travel packages offered by online rivals such as Expedia and Booking.com.

Credit Agricole misses forecast on weak retail, capital markets

May 15 2018

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

AXA's U.S. float falls short but says XL financing on track

May 10 2018

NEW YORK/PARIS AXA's listing of its U.S. division raised less than targeted, but the French group said the proceeds were enough to ensure it can pursue a $15.3 billion acquisition of XL Group.

SocGen CEO says confident in targets despite weak start to year

May 04 2018

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.

BNP Paribas first-quarter profit falls on back of trading weakness in Europe

May 04 2018

PARIS BNP Paribas , France's biggest bank, reported a 17 percent decline in quarterly net profit, in line with expectations, as a weaker dollar and sluggish fixed income trading impacted investment banking revenues.

Morgan Stanley to hire 80 in Paris after Brexit: source

Mar 22 2018

LONDON/PARIS Morgan Stanley plans to add 80 jobs in Paris after Britain's exit from the European Union, a source familiar with the matter said on Thursday, on top of around 200 the U.S. bank is set to transfer to its Frankfurt hub.

SocGen deputy CEO unexpectedly leaves after disagreement

Mar 14 2018

PARIS France's Societe Generale said on Wednesday its deputy chief executive in charge of investment banking activities, Didier Valet, was leaving the group "‍following a divergence of approaches regarding management of a specific legal matter".

A year to go before Brexit, U.S. investment banks still bet on London

Mar 02 2018

PARIS/LONDON A year before Britain is due to leave the European Union, top U.S. investment banks plan to hire far more people in London than anywhere else in Europe, indicating they expect the City will remain their main regional hub, at least in the short term.

A year to go before Brexit, U.S. investment banks still bet on London

Mar 02 2018

PARIS/LONDON A year before Britain is due to leave the European Union, top U.S. investment banks plan to hire far more people in London than anywhere else in Europe, indicating they expect the City will remain their main regional hub, at least in the short term.

Competition curbs French bank charge increases for 2018

Feb 23 2018

PARIS French banks have raised customer charges at a slower pace this year as new low-cost online lenders and rules led some to predict a price war which would weigh on margins.

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