PARIS French glass bottle maker Verallia said on Thursday it had begun the process for an initial public offering in Paris, setting the stage for the largest new listing in the country this year.
* CEO seeks to reassure investors after he blocked takeover
(Updates share price, adds comment from analyst)
PARIS BNP Paribas plans to cut around 500 jobs at its securities services arm in France, a union representative said on Thursday, as the bank seeks to reduce costs and retain competitiveness.
(This August 1 story corrects first name of Meteo Protect CEO to Gabriel)
* Parametric insurance designed initially for natural
PARIS Credit Agricole , France's second-largest bank by market capitalisation, posted a sharp fall in second quarter profits on Friday, dragged down by a poor performance in its investment banking business.
* Credit Agricole shares fall 4.3%
(Adds detail and background)
PARIS Shares of Societe Generale, France's third-largest bank by market capitalisation, jumped on Thursday after it hit its solvency target a year early, easing investor concerns it would have to raise more capital.
PARIS French insurer AXA's net profit fell 17% in the first half of the year after booking charges related to the valuation of its remaining stake in Axa Equitable Holdings and the mark-to-market valuation of derivatives.
PARIS, Aug 1 French insurer AXA's net
profit fell 17% in the first half of the year after booking
charges related to the valuation of its remaining stake in Axa
Equitable Holdings and the mark-to-market valuation of