Societe Generale, France’s No. 2 listed bank, is exploring the sale of its Asia private banking arm, people familiar with the matter told Reuters, seeking to exit a market where small managers are getting hit by rising costs and competition. The Singapore-based division could fetch around $600 million, the people […]
Tag: France
IMF Advise France to Phase out Regulated Interest Rates
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday advised France to phase out regulated interest rates. Executive Directors of the IMF gave this advice at the conclusion of 2013 Article IV Consultation with France. Apart from phasing out regulated interest rates, the directors advised France to remove […]
IMF Board Reaffirms Lagarde’s Ability to Manage
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The Board of the International Monetary Fund (IMF) Tuesday said its confidence in the ability of Christine Lagarde as the Managing Director (MD) of the Fund. This is contained in a Statement from the IMF and made available to InvestAdvocate in […]
