France
ING seals deal with Boursorama for transfer of French retail clients
Dutch bank ING and Boursorama, a subsidiary of Societe Generale, have reached an agreement to cater to ING’s retail customers in France.…
Societe Generale to offload Nordics leasing business
French banking major Societe Generale is set to divest its leasing business, called SG Finans, in the Nordic region. SG…
New French bank to come from La Poste and CNP merger
France is set to create a new French bank. This has occurred by merging the banking unit of the postal…
EU court annuls ECB decision against French banks’ capital holding ratio
The European Court of Justice (ECJ) has annulled the European Central Bank (ECB) decision that required six French lenders to…
France orders banks to raise capital buffers to manage risks
France has asked its banks to hold more money in order to mitigate risks associated with private sector borrowing binge.…
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UniCredit contemplating merger with Societe Generale – report
Italian banking giant UniCredit is planning a merger with its French rival Societe Generale (SocGen), the Financial Times reported. Sources…
Crédit Mutuel partners with IBM to upgrade banking services
French bank Crédit Mutuel has partnered with IBM to utilise digital technologies for improving its banking services. The collaboration will…
Idemia delivers Smart PIN solution to Ditto Bank
French security and identity solutions provider Idemia has made Smart Pin available to customers of Ditto Bank. Launched in February…
Credit Agricole S.A. Q1 net income up 7%
French lender Credit Agricole S.A has registered net income of €1.03bn for the first quarter of 2018, an increase of…
Linedata releases new version of lending and leasing solution
France-based Linedata has unveiled the latest version of its lending and leasing solution Linedata Capitalstream to increase the operational efficiency…