PARIS Yellow vest protesters clashed with riot police in Paris and the northern city of Amiens on Saturday as the French anti-government movement waned on its 28th straight weekend.
PARIS France's largest asset manager Amundi is exploring a deal to merge its operations with Deutsche Bank's listed asset manager DWS but only if it can take control, a source familiar with Amundi's strategy said.
PARIS, May 20 France's largest asset manager
Amundi is exploring a deal to merge its operations
with listed Deutsche Bank asset manager DWS but only
if it can take control, a source familiar with Amundi's strategy
PARIS Credit Agricole reported a bigger-than-expected fall in first-quarter net profit after an increase of costs eclipsed higher profits at its French retail bank and corporate and investment banking arm.
PARIS Societe Generale on Friday reported a 26 percent drop in first-quarter net profit, but the French bank also revealed an increase in its capital position, showing the benefits of a restructuring plan, sending its shares higher.
PARIS BNP Paribas on Thursday reported higher first-quarter net profits, supported by a recovery at its corporate and investment banking division which benefited from a more favourable market environment.
PARIS Reinsurer SCOR's shareholders on Friday blocked an attempt by an activist fund to oust the company's CEO, in a sign that activist investors are increasing pressure on French blue chips.
PARIS Denis Kessler, the long-time chairman and chief executive of reinsurer SCOR, will on Friday become the first boss in France to fight for his job against an activist fund in a touch-and-go vote at its annual shareholder meeting.
PARIS French co-operative insurer Covea, which in January dropped plans to buy reinsurer SCOR, on Tuesday said it was still interested in diversifying into reinsurance via acquisitions.
PARIS For years Notre-Dame cathedral was caught in a dispute between the city's archdiocese and the French state over who should pay for repairs to its crumbling gargoyles, collapsed balustrades and weather-eroded Gothic facades.