Edition:
United Kingdom

Inti Landauro

UPDATE 1-SocGen and Absa join forces on wholesale banking in Africa

18 Jan 2019

* Shares in both banks flat, investors sceptical (Recasts, adds Absa interview, context, shares, investor comment)

SocGen blames rocky markets for its profit warning

17 Jan 2019

PARIS French bank Societe Generale warned that volatile markets would hurt its fourth quarter profit, hitting its shares and other banks which have yet to report earnings.

Euronext launches $729 million bid for Oslo bourse

14 Jan 2019

PARIS/OSLO Pan-European stock market operator Euronext launched its $729 million cash bid for Oslo Bors on Monday, just hours after the Norwegian stock market operator said it had found potential alternative bidders.

TransferWise applies for Brussels license ahead of Brexit

10 Jan 2019

NEW YORK/PARIS London-based financial technology startup TransferWise is applying for a money-transfer license in Brussels, in a bid to ensure its business is not disrupted if Britain crashes out of the European Union without a divorce deal, it said on Thursday.

AXA moves international risk to Ireland from UK ahead of Brexit

10 Jan 2019

PARIS French insurer AXA said it will handle its international risk and reinsurance trough an Irish unit in light of Britain's plans to leave the European Union.

TransferWise applies for license in Brussels in preparation for Brexit

10 Jan 2019

NEW YORK/PARIS, Jan 10 London-based financial technology startup TransferWise is applying for a money-transfer license in Brussels, in a bid to ensure its business is not disrupted if Britain crashes out of the European Union without a divorce deal, it said on Thursday.

Oslo Bors seeks bids to rival offer from Euronext

04 Jan 2019

OSLO Norwegian stock exchange operator Oslo Bors called on Friday for potential buyers to come forward, hoping to find a more generous suitor after Euronext's 625 million euro ($713 million) offer to buy the company.

Euronext secures majority backing for Oslo Bors bid

28 Dec 2018

PARIS/OSLO Euronext NV has secured the backing of a majority of shareholders in Norway's Oslo Bors which it aims to buy, the European exchanges operator said on Friday, while the target firm's CEO said it would explore alternatives to the deal.

SocGen agrees to sell Serbian unit to Hungary's OTP Bank

20 Dec 2018

PARIS/BUDAPEST French bank Societe Generale has agreed to sell its bank in Serbia to Hungary's OTP Bank , as SocGen continues its retreat from parts of eastern Europe while OTP gradually increases its presence in the region.

World News