SocGen to offer cut-price shares
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Scandal-hit bank Societe Generale unveils plans to sell shares at a 40% discount to raise 5.5bn euros.
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Exchange officials warned Societe Generale about Jerome Kerviel's deals late last year, a Paris prosecutor said, piling pressure on the French bank to explain how his rogue trades were not uncovered earlier.
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France's financial market regulator said Tuesday that it has opened an investigation into French bank Societe Generale, which announced last week that the actions of a rogue trader caused it nearly euro5 billion (US$7 billion) in losses.
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Bulgaria's Minister of Finance Milen Velchev will present in France Monday investment opportunities in Bulgaria, the Ministry of Finance said.
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Representatives of the Qatari Investment  Authority have indicated a willingness to pay as much as 15  pounds a share for Nasdaq&#39;s  31 percent stake in the  London Stock Exchange  the Sunday Times newspaper said.
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French bank BNP Paribas is "thinking" about a possible takeover of its rival Societe Generale, rocked by muti-billion-euro rogue trade losses, a spokeswoman said on Thursday.
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Directors at scandal-hit Societe Generale begin talks to decide the fate of the bank's head, Daniel Bouton.
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France warned foreign banks on Tuesday not to try to grab control of Societe Generale as it reels from losses blamed on a rogue trader, but shares in the bank spiked higher on takeover speculation.
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Deutsche Boerse is ready to make a revised offer for the London Stock Exchange (LSE) that would value it at 1.5 billion pounds (2.12 billion euros, 2.88 billion dollars), the Observer newspaper reported.
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PARIS / LONDON: France said on Wednesday it will sell up to 12.1% of France Telecom to raise â¬5.8 billion ($6.9bn) and help cut national debt in Europeâs largest placing in four years.
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The French government sells 17.7% of its stake in Air France-KLM amid reports it may cut its holding in the airline to as little as 18%.
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Takeover target London Stock Exchange  is preparing to cut its prices to compete with a rival shareholding platform being set up by seven investment banks, The Sunday Telegraph said.
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Nicolas Sarkozy, French finance minister, is expected to present the new commitment on Tuesday afternoon after meeting representatives from the insurance industry, the small business community, the private ...
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French bank Societe Generale  is mulling a combination with bigger domestic rival BNP Paribas, a French newspaper said on Friday, in a deal which could create a new French national champion in banking.
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The French bank offered millions of new shares to investors at a fire-sale price Monday, seeking to replace the more than $7 billion it lost in a trading scandal.
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France warned rival banks on Tuesday not to try to grab control of Societe Generale as it reels from losses blamed on a rogue trader, but shares in the bank spiked higher on takeover speculation.
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French bank Societe Generale has admitted  that a gap in control systems allowed a junior trader to take a  $73 billion losing bet on European share prices, but defended  its handling of the world's biggest trading scandal.