BNPP, SocGen Q1 results: boost for bank hires, more merger talk

May 11, 2007 12:00 am

Two of France’s top tier banks — BNP Paribas and Société Générale — released their first quarter results this week. As ever when the results were announced, talk moved directly from an analysis of the figures, here the fact that SocGen underperformed BNPP, to speculation over the two banks’ merger and acquisition strategies.

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