MY

Cold snap on M&A in France

JP Morgan, Lazard and Morgan Stanley prevail in a market in sharp decline, dominated by transactions with the United States. A new deal begins in 2019, with major public files. The privatization of Aéroports de Paris, the maneuvers around CNP Assurances, telecoms, or the future of the Renault-Nissan alliance will perhaps bring the center of […]

Conjuncture

Coronavirus: France has entered a recession

GDP plunged 6% in the first quarter of 2020, according to a first estimate from the Banque de France, unveiled this Wednesday morning. The worst decline since the end of World War II, after an already negative last quarter of 2019. Some sectors, including construction and market services, have seen their activity drop by more […]

Bank – Insurance

The crisis has accelerated the waltz of bank bosses

The departures of managers have multiplied this year, while the crisis has revealed the weaknesses of certain groups and pushed for reorganizations, especially in France (Société Générale, Natixis). Elsewhere in Europe, several large banks (HSBC, Credit Suisse, UniCredit) have also changed their staffs. It is also one of the consequences of the crisis in the […]

Bank – Insurance

Macif confirms its interest in acquiring Aviva France

The mutualist, who has just married Aésio to give birth to the Aéma group, confirms his interest in taking over Aviva France, the subsidiary of the British insurer on sale since last summer. The Macif comes out of the woods. Barely married with Aésio Mutuelle to create Aéma, the mutual insurer confirmed on Tuesday its […]

MY

Laurence Parisot will chair the American Citi in France

The former president of Medef takes over the presidency of the American bank in France from October 1. Thursday and Friday, alongside Michael Corbat, the global leader of Citi, she will meet the main clients of the firm in Paris. Visiting Paris until Friday, Michael Corbat, the boss of the American financial giant Citi, will […]

Conjuncture

Coronavirus: economists blacken their forecasts for France

The Minister of the Economy, Bruno Le Maire, is preparing the spirits for a strong recession this year in France. Many economists are now banking on a drop in GDP of more than 5%. “The worst growth figure that has been made by France since 1945 is in 2009 after the great financial crisis of […]

MY

Philippe Capron joins the investment bank Perella Weinberg

The former financial manager of Veolia, candidate dismissed from the management of Air France this summer, rallies the American investment bank in France. He will develop the franchise with the former boss of the State Participation Agency, David Azéma. Here is an arrival that detonates a few meters from Lazard and the Rothschild house, in […]