PARIS French bank Societe Generale overhauled its top ranks on Tuesday, announcing the departure of two deputy chief executives after its worst quarterly performance since the global financial crisis.
PARIS The new chief of Natixis said his sole objective was to boost value for shareholders of the French bank and promised to announce the results of a strategic review in November.
PARIS French investment bank Natixis announced on Monday it was replacing its CEO with the finance chief of its parent company in order to prepare a new strategy after it reported its second straight quarterly loss.
PARIS The euro zone's biggest bank, BNP Paribas , beat second quarter profit expectations on Friday, boosted by a surge in fixed income trading and strong demand for corporate finance.
PARIS When the COVID-19 crisis struck Europe, companies turned to one bank more than any other to arrange emergency loans: BNP Paribas .
LONDON/PARIS Sixteen banks from Germany, France and three other euro zone countries on Thursday said a "truly European" payments system was expected to be up and running in 2022 to fully digitalise a region where half of all retail payments are still in cash.
PARIS Air France aims to present a plan to trade unions to cut just over 6,500 jobs over the next two years, three sources familiar with the matter said on Tuesday, as the airline grapples with the coronavirus crisis.
MILAN/PARIS/MADRID Michele Berteramo, owner of the Movida restaurant and cocktail bar on Milan's Naviglio Pavese canal, had been about to spend 40,000 euros (£36,160) on renovations when the new coronavirus pandemic struck northern Italy.