PARIS JPMorgan Chase & Co is the latest investment bank to significantly expand its Paris hub as part of plans to relocate some services from London after Britain's exit from the European Union, snapping up new premises in the French capital.
LONDON/PARIS France's BNP Paribas could move 75 commodity finance jobs from Paris to Geneva as part of a plan to consolidate its Europe, Middle East and Africa specialized trade solutions team, according to sources with knowledge of the matter.
LONDON/PARIS, Dec 19 France's BNP Paribas could
move 75 commodity finance jobs from Paris to Geneva as part of a
plan to consolidate its Europe, Middle East and Africa
specialised trade solutions team, according to sources with
knowledge of the matter.
PARIS/LONDON The banking arm of French mail operator La Poste [LAPST.UL] is exploring a bid for HSBC France's retail activities as part of its diversification efforts, sources with knowledge of the matter told Reuters.
PARIS/LONDON France's AXA said it was strengthening its climate strategy by committing to exit coal more quickly across a greater number of countries, as policymakers seek a faster transition to a low-carbon economy.
SINGAPORE/PARIS Societe Generale's regional heads of trade and commodities finance for Asia Pacific have left the Paris-based bank, raising concerns among Singapore-based shipping fuel traders that it may wind back financing services to the sector.
PARIS Shares in France's Credit Agricole fell sharply on Friday as investors focused on softer income from its French retail bank rather than its brisk investment banking business.
PARIS France's Societe Generale raised its capital ratio on Wednesday, giving its shares a lift despite a profit fall and some parts of its trading business lagging rival banks.
PARIS/LONDON France's Societe Generale has put its leasing unit in the Nordics up for sale as part of a plan to exit non-strategic businesses and keep capital ratios strong, two sources familiar with the matter told Reuters.