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Some of the world's biggest banks have been hit with a 1.71 billion euros ($2.3 billion) fine for interest rate-rigging by traders.
French police arrested a man suspected of wounding an employee of the newspaper Liberation and firing a shotgun at the headquarters of a major bank.
Paris police have issued a new picture of the suspect wanted in connection with Monday's shooting, as a manhunt for the gunman continues.
Police were hunting a gunman in central Paris on Monday after he opened fire at the offices of a newspaper and major bank.
French banking group Societe Generale reported third quarter net profit of 534 million euros on Thursday, below expectations in a Reuters poll of 583 million euros.
Séverin Cabannes, deputy CEO of Société Générale, says that the company did well in a "difficult environment", after net profits missed forecasts.
Opinion is divided over whether the ECB will cut rates on Thursday in response to a sharp fall in inflation.
A decline in commodity prices and narrowing yield spreads could see the Australian dollar fall 25 percent by 2016, according to Societe Generale.
Societe Generale is calling for a 15 percent correction in the stock market in Q1 in 2014. Craig Overlander, Societe Generale for the Americas CEO, and Dan Fields, Societe Generale, discuss how investors can prepare.
Craig Overlander, Societe Generale for the Americas CEO, and Dan Fields, Societe Generale, discuss economic trends in the last few months and the impact of technical issues on the markets.
While the U.S. government shutdown and impending debt-ceiling debate has investors transfixed, they need to keep an eye on developments in Japan.
China is expected to launch the much-talked-about Shanghai free-trade zone this weekend, but what's most exciting about this economic experiment?
Three French banks have joined forces and launched an online mobile payment portal, hoping to challenge Paypal’s influence in the country.
Frederic Oudéa, CEO of Societe Generale, says that despite stabilizing, Europe still needs structural reforms.
Commerzbank Chief Financial Officer Stephan Engels said the default of Detroit had dented second-quarter earnings, adding that the lender had made "adequate" provisions.
European shares closed higher on Thursday as investors reacted to strong U.S. and European data, as well as rate decisions from the European Central Bank (ECB) and the Bank of England (BoE).
U.S. stock index futures held their sharp gains Thursday, as Wall Street cheered upbeat economic data from China and Europe and a better-than-expected jobless claims report.
Some of Europe's largest banks reported better-than-expected earnings on Thursday, despite difficult trading conditions in the region, as a big week for bank results nears its end.
Frédéric Oudéa, chief executive of Societe Generale (SocGen) said he was happy with the bank's business performance after the French banking group reported second quarter net profit of 955 million euros ($1.26 billion), above a Reuters consensus of 703 million euros.
Frederic Oudea, CEO of Societe Generale, tells CNBC that overall the market may remain very accommodative and there are a series of projects which are delivering results.