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Societe Generale to pay $1.4 billion to settle cases in the U.S.

19 Nov 2018

PARIS/WASHINGTON French banking giant Societe Generale on Monday agreed to pay U.S. federal and state authorities $1.4 billion to resolve pending legal disputes.

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

19 Nov 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.

France hopes to lure crypto-issuers with Gallic stamp of approval

16 Nov 2018

PARIS With hundreds of cryptocurrencies being issued every month, countries face a choice: ban them, leave them unregulated, or come up with rules to tame them. | Video

French prosecutors call for 3.7 billion euro fine against UBS

08 Nov 2018

PARIS French prosecutors argued in a Paris court on Thursday for Swiss bank UBS AG to be fined 3.7 billion euros (3.22 billion pounds) for helping wealthy French people evade taxes.

SocGen's profits rise on Euroclear stake, higher revenues

08 Nov 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

07 Nov 2018

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

JPMorgan spreads its urban development money to Paris

05 Nov 2018

NEW YORK/PARIS JPMorgan Chase & Co , the biggest U.S. bank by assets, said on Sunday that it has selected impoverished areas around Paris as the first foreign focus of an urban economic development strategy it started four years ago in Detroit.

France lures private equity with post-Brexit tax break

02 Nov 2018

LONDON/PARIS France has stepped up efforts to lure UK-based private equity executives into relocating to Paris after Brexit by pledging to slash the tax rate on the cut of profits managers share with their investors, to the chagrin of some local rivals.

Investment banking weakness clouds BNP Paribas' results

30 Oct 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

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