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French Banks

Moody's Downgrades Top French Banks

Posted 12.09.2011 | Business

Ratings agency Moody's downgraded the debt of BNP Paribas (BNPP.PA), Societe Generale (SOGN.PA), and Credit Agricole (CAGR.PA) on Friday, citing d...

French Central Banker Blames Plunging Bank Shares On 'Unfounded Rumors'

AP | GREG KELLER and ANGELA CHARLTON | Posted 10.11.2011 | Business

PARIS — France, Italy, Spain and Belgium are banning short-selling on select stocks amid efforts to calm market turmoil that has sent bank share...

Greece Would Likely Default If It Followed French Banks' Plan: S&P

Posted 09.03.2011 | Business

ATHENS (Angeliki Koutantou) - Greece would likely be in default if it follows a debt rollover plan pushed by French banks, S&P warned on Monday, d...

France Pushed For AIG-Fed Deal To Pay Banks In Full With US Money

Bloomberg | Posted 05.25.2011 | Business

The Federal Reserve Bank of New York paid French banks 100 cents on the dollar to settle trades with American International Group Inc. in November 200...

Societe Generale Apologizes Over Fraud

AP | EMMA VANDORE | Posted 05.25.2011 | Business

PARIS — The rogue futures trader who allegedly cost French bank Societe Generale $7.14 billion had been betting on an even larger scale _ with t...