Search Results for 'French'

EU warned of credit crunch threat, French banks hit

European finance ministers have been warned confidentially of the danger of a renewed credit crunch as a "systemic" crisis in euro zone sovereign debt spills over to banks, according to documents obtained by Reuters on Wednesday [...]

Posted On : Sep, 15 2011 | Comments : 0

French banks weigh on bourses

Europe’s benchmark struggled this week, led downwards by French banks before a ban on short selling helped shares to rise again. French banks fell sharply midweek amid fears of a French downgrade, dragging down European shares. Soci [...]

Posted On : Aug, 13 2011 | Comments : 0

French banks fined in price fixing case

France's competition watchdog says it has fined several of the country's leading banks, including BNP Paribas SA and Societe Generale SA, a total of euro385 million ($503 million) for illegally fixing the price for check clearing [...]

Posted On : Sep, 21 2010 | Comments : 0

Total Buys 25% Stake In French Guiana Oil Permit

Tuesday said it has bought a 25% stake in the deepwater Guyane Maritime permit in French Guiana from Hardman Petroleum France, an affiliate of Tullow Oil PLC (TLW.LN), which operates the asset. The Guyane Maritime permit covers an are [...]

Posted On : Dec, 08 2009 | Comments : 0

French bank details $7.2 billion loss

French bank Societe Generale described Sunday how one of its traders allegedly carried out a $7.2 billion (€4.9 billion) fraud, how the loss came to light and what it is doing to ensure such a case does not recur. art.police.afp.jpg [...]