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France

Paris office of Mayer, Brown, Rowe & Maw recruits...

The Paris office of Mayer, Brown, Rowe & Maw has recruited a team of corporate lawyers from SG Archibald, a firm that has been part of the Arthur Andersen network since 1993. The team is headed by Xavier Jaspar, a...

A.M. Best affirms rating of Assurances Generales de France

A.M. Best Co. has affirmed the financial strength rating of A++ (Superior) of Assurances Generales de France (AGF), France, and…

#acquisition#Allianz#international


French government presents plan to spur new businesses

The Cabinet on Wednesday approved a proposal to spur business growth in France by tripling tax breaks for investors in…


New Chairman of the board at Gras Savoye Langlois...

Christian Rocheteau has been appointed chairman of the board of directors of Gras Savoye Langlois SA, the factoring and credit-insurance…


Credit Cooperatif in deal over its factoring and venture...

French bank Credit Cooperatif has acquired a 2 per cent stake in the capital of the national bank that heads…

#bank


Vice-Chairman of Eurofactor Comments on Company’s Plunge into the...

Philippe Zamaron, vice-chairman of the board of management at Eurofactor in France spoke to BCR to explain why Eurofactor has…

#insurance#interest rates#management


Eurofactor’s Profits Plunge into the Red

Eurofactor, the factoring subsidiary of French credit-insurance group Euler & Hermes, has seen its profits plunge into the red, down…

#Allianz#bad debts#interest rates


New Senior Appointments at Compagnie Generale d’Affacturage

Jean Philippe Guillaume has been appointed managing director of French factoring company Compagnie Generale d'Affacturage (CGA), which is part of…


Natexis Acquisition of Coface cleared by EU

The European Commission said it cleared under EU merger regulation the acquisition by Natexis Banques Populaires of control of Compagnie…

#acquisition#European Commission#insurance


New Chairman at Factorem

Gils Berrous has been appointed chairman of the management board of Factorem, the factoring subsidiary of French banking group Natexis…

#management


Swiss Life to Buy French Unit of Fortis- Fortis...

Swiss Life/Rentenanstalt said it would acquire the French life insurance operations of Fortis, the Dutch/Belgian financial-services conglomerate, at a price…


Euler’s Factoring Income Increases More than Six-Fold in H1...

The Paris-based credit insurer and international financial services group, Euler, has recorded a dramatic acceleration of the amount of its…

Credit Agricole Launches Online Financing Service

Transfact, the factoring subsidiary of French rural bank Credit Agricole, has announced the launch of Immedians, an online financing service…

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