Claudia Cohen
French Finance Reporter at Bloomberg News
French Finance reporter Bloomberg @business in Paris/ ex economic journalist @Le_Figaro & TV host Esprit d'Entreprise/ ex London School of Economics @LSEnews
Articles
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2 weeks ago |
bloomberg.com | Claudia Cohen
(Bloomberg) -- Credit Agricole SA Chief Executive Officer Philippe Brassac saw revenue rise to a record in his final quarter at the helm of the French lender, but higher-than-expected costs and a French tax bill weighed on profit. The shares fell as operating expenses rose 8.8% from a year earlier, leaving net income down 4.2%. Integration costs and investments in business lines helped drive up expenses, while a new corporate tax eroded the bottom line further.
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2 weeks ago |
bloomberg.com | Claudia Cohen
(Bloomberg) -- Societe Generale SA beat analysts’ estimates for profit and revenue in the first quarter as it benefited from a surge in equities trading and booked a gain on disposals. Net income more than doubled from a year earlier, to €1.61 billion ($1.83 billion), helped by record revenue from trading stocks and related securities, the French lender said in a statement on Wednesday. Asset disposals contributed a gain of €202 million to the bottom line.
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2 weeks ago |
news.bloombergtax.com | Claudia Cohen |Nicholas Comfort
The European Union should follow the UK in cutting disclosure requirements on short sellers, an industry lobby organization said. Current rules in the EU require that the identities of investors holding short positions of 0.5% or more in a company are disclosed. That allows other market participants to copy their investment strategy on the cheap, said Rob Hailey, Europe head of the Managed Funds Association.
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2 weeks ago |
bloomberg.com | Claudia Cohen |Nicholas Comfort
A trader analyzes data in London. (Bloomberg) -- The European Union should follow the UK in cutting disclosure requirements on short sellers, an industry lobby organization said. Current rules in the EU require that the identities of investors holding short positions of 0.5% or more in a company are disclosed. That allows other market participants to copy their investment strategy on the cheap, said Rob Hailey, Europe head of the Managed Funds Association.
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2 weeks ago |
bloomberg.com | Claudia Cohen
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🚨SCOOP sur @business : Plan social chez UBS France, où un peu moins de 50 personnes vont devoir partir. L’intégration de Crédit Suisse mais également l’environnement économique dans le pays sont évoqués. Toutes les informations dans mon article ⬇️ https://t.co/MmWpIQQzEE
UBS is cutting jobs in France as part of a plan to restructure some of its business activities in the country following the integration of Credit Suisse https://t.co/pV3oo5gWRM
Is "Energy, Security and Geostrategy" the new ESG ? According to Euronext CEO Stephane Boujnah, the label that's been used to define environmental, social and governance goals, should be reimagined to adapt to the new world order. To read on @business ⬇️ https://t.co/DUGEOL0M0M https://t.co/qqQNKplieU
RT @business: Credit Agricole wants to renew an asset management distribution deal with UniCredit, but it hasn’t yet decided whether it wil…