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French glassware maker Verallia kicks off IPO process

05 Sep 2019

PARIS French glass bottle maker Verallia said on Thursday it had begun the process for an initial public offering in Paris, setting the stage for the largest new listing in the country this year.

Scor CEO sets three-year growth targets to reassure shareholders

04 Sep 2019

PARIS French reinsurer Scor's CEO Denis Kessler, who opposed a takeover by rival Covea last year, on Wednesday unveiled growth targets for 2019-2021 as he sought to allay investor concerns over his strategy for the group.

BNP Paribas to cut 500 jobs at securities services arm in France

22 Aug 2019

PARIS BNP Paribas plans to cut around 500 jobs at its securities services arm in France, a union representative said on Thursday, as the bank seeks to reduce costs and retain competitiveness.

Targeted insurance offers French farmers some drought relief

05 Aug 2019

(This Aug. 1 story corrects first name of Meteo Protect CEO to Gabriel)

CORRECTED-Targeted insurance offers French farmers some drought relief

05 Aug 2019

* Parametric insurance designed initially for natural disasters

Investment banking weakness hits Credit Agricole's second quarter profits

02 Aug 2019

PARIS Credit Agricole , France's second-largest bank by market capitalisation, posted a sharp fall in second quarter profits on Friday, dragged down by a poor performance in its investment banking business.

SocGen's shares rise as bank boosts solvency ratio

01 Aug 2019

PARIS Shares of Societe Generale , France's third-largest bank by market capitalisation, jumped on Thursday after it hit its solvency target a year early, easing investor concerns it would have to raise more capital.

AXA's first-half profit falls after writing down value of Equitable Holdings

01 Aug 2019

PARIS French insurer AXA's net profit fell 17% in the first half of the year after booking charges related to the valuation of its remaining stake in Axa Equitable Holdings and the mark-to-market valuation of derivatives.

Euronext eyes acquisitions in market data or post-trade services

31 Jul 2019

PARIS Euronext is looking for opportunities to buy market data or post-trade services providers, CEO Stephane Boujnah said on Wednesday, after larger rival London Stock Exchange said it was in talks to buy Refinitiv in a $27 billion (£22.1 billion) deal.

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