Societe Generale

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A Nickel bank account machine and a debit card are presented in a simulated tobacconist shop at a news conference in Paris. Photograph: Reuters

The French will soon be able to buy their cigarettes and do their banking at the same time with the launch of a stripped-down, cut-price bank account (...)

US political squabbling may be worrying investors but the real issues are market valuations and the looming tapering of monthly bond buying, according(...)

EU regulators overseeing next year’s long-awaited stress tests of the region’s banks are preparing to penalise any lender that remains reliant on the (...)

SocGen, which bought into Rosbank in 2006, spent billions of dollars to fix the underperforming Russian bank. Photograph: Reuters

France’s Société Générale is raising its stake in Russia’s Rosbank to above 90 per cent, betting it can turn around the troubled Russian banking unit (...)

Bank of Ireland’s share price has had a great run in 2013, doubling in value since the beginning of the year to its close yesterday at 23.5 cent

Bank of Ireland’s share price has had a great run in 2013, doubling in value since the beginning of the year to its close yesterday at 23.5 cent. This(...)

Stocktake

Uncertainty in Syria has already hit global markets. Might a serious escalation of tensions hammer stocks?Unlikely. One famous study, What Moves Stock(...)

A woman look at information boards in the window of the Job Centre Plus in Derbyshire. Figures released today show the EU unemployment rate was 11 per cent in July and 12.1 per cent in the eurozone. Photograph: PA Wire.

Euro zone unemployment held at a record high of 12.1 per cent in July, Eurostat figures show. A total of 19.231 million people were reported as(...)

Accor, which competes with InterContinental, Marriott (above) and Starwood, is in the first year of a three-year plan to lift its operating margin to more than 15 per cent of sales in 2016 from 9.3 per cent in 2012.

Accor, Europe’s largest hotel group by sales, warned operating profit could fall this year due to the weak economy in its main market and investment i(...)

French banking executives were alarmed in 2012 when François Hollande said his ‘real adversary’ was not Nicolas Sarkozy but ‘faceless finance ’. Photograph:  Lionel Bonaventure/ AFP/ Getty Images

Cyril Roux, the French official who will become the financial regulator on October 1st, worked for insurance giant Axa and for the French treasury bef(...)

European Central Bank president Mario Draghi  said indications are that the euro area economy is stabilising and the central bank’s rates will remain low for an extended period. Photograph: Krisztian Bocsi/Bloomberg

Markets continued to perform well yesterday following comments from European Central Bank president Mario Draghi that interest rates are likely to rem(...)

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