The CEO of HSBC, Stuart Gulliver, confirmed in an interview with Bloomberg Television that a thousand jobs in its investment banking business in London should be moved to Paris, with the release of the United Kingdom from the single market with Brexit … When asked for the Swiss ski resort of Davos on the sidelines […]
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Societe Generale said on Monday it plans to eliminate 125 jobs in France in its financing and investment banking. The French Bank Societe Generale has announced earlier today, Monday, that it plans to cut 125 jobs in France in its financing and investment banking. The bank which has higher regulatory constraints and profitability has “eroded” because […]
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In the wake of its parent Société Générale, Crédit du Nord will remove about 80 outlets by 2020, about 10% of its network, said its CEO Philippe Aymerich In the wake of its parent Société Générale, Crédit du Nord will remove about 80 outlets by 2020, about 10% of its network, said Thursday its CEO […]
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This week, BNP Paribas, one of the largest French banks posted a net quarterly loss of over 4 billion euros, as a record fine for violating US economic sanctions sent it into the red for the first time since 2008. BNP Paribas agreed an out of court settlement in June of 6.6 billion euros, as […]
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