Tag Archive - bnp paribas
July 26, 2010
France's leading four banks are strong enough to face another potential crisis after passing with success Europe stress tests, Bank of France, the central bank, said on Friday. The tested banks were BNP Paribas, Societe Generale, Credit Agricole and BPCE, the parent of investment bank Natixis. Regulators tested the ability of 91 ...
July 14, 2010
French corporates are enjoying their status as Europe’s most popular bond market. Traditionally, that mantle went to Germany, whose markets are larger and more liquid. But amid sovereign debt fears across the continent, which are driving investors out of southern European bonds into French and German ones, France is coming ...
June 14, 2010
President Nicolas Sarkozy is struggling to convince investors he can cut France’s budget gap amid concern about the spread of Europe’s debt crisis, even as the government’s deficit narrowed for a third month in April. The central government deficit fell 22 percent to 56.2 billion euros ($66.9 billion) from 71.6 billion ...
May 13, 2010
European banking stocks surged Monday, with French lenders showing some of the strongest gains after the European Union unveiled a rescue package that could be worth more than 750 billion euros ($971 billion). Bank stocks in the Stoxx Europe 600 index had seen their combined market capitalization soar by around 99 ...
February 19, 2010
Shoppers went on a spending spree and companies cut stocks at a slower pace helping the French economy to grow slightly faster than expected in the fourth quarter of 2009, official data showed on Friday. Gross domestic product rose 0.6 percent quarter-on-quarter in the October to December period, national statistics office ...
February 16, 2010
France and Germany, likely to have the biggest say in the politics of a bail-out for Greece, are also the countries whose financial institutions would be among the most exposed to a default. Weighing the sovereign risk borne by banks is difficult but figures from the Bank for International Settlements – ...
