Didier Valet

2 results

A merger between UniCredit and SocGen has been considered by the latter on several occasions over the past 15 years. File photograph: Getty Images

Italy’s UniCredit is planning to merge with French rival Société Générale in a bold move that would mean two of Europe’s big banks join forces, leadin(...)

BNP Paribas chief executive officer Jean-Laurent Bonnafe, who’s counting on growth at the corporate and investment bank to meet goals for revenue and profitability, blamed lacklustre client activity in Europe for the debt-trading slump.

BNP Paribas and Société Générale missed out on the trading gains that boosted earnings at some of their US and European rivals in the first quarter, s(...)