Tag Archives: french-bank
Fixed income unit boosts BNP Paribas CIB revenues
Boston Globe – French bank BNP Paribas’s revenues from corporate and investment banking nearly doubled in the second quarter as robust investor demand boosted revenues from the bank’s fixed income business unit. BNP Paribas’s CIB revenues totaled 3.351 billion euros […]
SocGen reducing China fund venture stake – sources
Forbes – French bank Societe Generale (SocGen) plans to reduce its holdings in its China fund joint venture due to regulatory concerns after a global reorganisation, two people familiar with the situation said. SocGen already owns a fund venture with […]
Montier quits SocGen for hedge fund
Reuters – One of London’s top analysts, James Montier, has resigned from French bank Societe Generale to join a hedge fund, a source with knowledge of the situation said on Thursday. The source did not say which hedge fund has […]
SocGen fund managers leave to create own fund
Reuters – A team of hedge funds managers at Societe Generale is leaving to set up their own hedge fund with capital from the French bank, La Tribune reported on Tuesday. The paper said the move was led by Arié […]
Greek Isles enters bankruptcy; owner says fault lies with fund
ReviewJournal.com – The majority owner of the Greek Isles blamed "greedy hedge-fund guys" interested in wiping out the current owners’ equity stake for pushing the property into Chapter 11 bankruptcy Monday. Harold Rothstein said the Greek Isles’ creditors have already […]
Settlement reached in natural gas trading case
Globe and Mail – Amaranth Advisors LLC and two of its former traders have reached a settlement with U.S. regulatory staff over the alleged manipulation of natural gas futures prices. The deal, which was submitted to the U.S. Federal Energy […]
