Investment banking to face cuts in capital at SG Paribas

26 Mar 1999

SOCIÉTÉ Générale and Paribas were forced to find extra savings from their proposed two-way merger this week in an effort to fend off the unsolicited bid from French rival Banque Nationale de Paris for both firms.

At a briefing to analysts and the press ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial