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.
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.
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.
PARIS French bank BNP Paribas posted forecast-beating quarterly profit on Wednesday, boosted by its corporate and investment banking (CIB) business, lifting its share price by more than 3%.
PARIS Morningstar resumed coverage of Natixis bank's troubled H2O Allegro fund on Thursday, after suspending it last week, but said it still had concerns about governance issues related to German entrepreneur Lars Windhorst.
PARIS Capgemini's shares surged on Tuesday on the back of the software and consultancy company's 3.6 billion euro ($4.1 billion) takeover of smaller rival Altran to create a group with more than 250,000 staff harnessing new technologies.
Paris Die französische Großbank Credit Agricole will ihren Nettogewinn bis 2022 auf mehr als fünf Milliarden Euro steigern. Das wären gut 600 Millionen Euro mehr als im vergangenen Jahr, wie das Geldhaus am Donnerstag mitteilte.
PARIS Credit Agricole, France's second-largest listed bank, on Thursday said profit growth would slow over the next four years, adopting a cautious outlook in the face of low interest rates and a potential deterioration in its loan portfolio.
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.