France’s Bruno Le Maire warned of the risk of extremist parties gaining ground in Europe, fueled by the cost-of-living crisis. That was echoed by other participants at a two-day meeting of finance chiefs in western Spain, attended by European Central Bank President Christine Lagarde, said people familiar with the matter.
The ministers’ discussion came on the heels of the ECB’s 10th consecutive interest rate hike on Thursday. Lagarde on Friday reiterated her institution’s pledge to keep rates at “sufficiently restrictive levels” as long as needed for inflation to return to the ECB’s 2% goal.
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SocGen open to sale of Equipment Finance unit in strategy review-sourcesBy Pablo Mayo Cerqueiro, Mathieu Rosemain and Andres Gonzalez LONDON/PARIS (Reuters) - Societe Generale is open to a sale of its Equipment Finance ...
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SocGen open to sale of Equipment Finance unit in strategy review-sourcesSociete Generale is open to a sale of its Equipment Finance business as the French bank's new CEO Slawomir Krupa embarks on a broad strategic revamp, people familiar with the company told Reuters. Krupa, who will present SocGen's new strategic plan on Monday, will try to convince investors he can boost returns while setting achievable goals in a challenging environment marked by slowing economic growth. A spokesperson for SocGen declined to comment.
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Curve Finance: Of market movements and price puzzlesCurve Finance's enigmatic journey unfolds as CRV tokens migrate to Binance while its price struggles to recover post-hack, leaving investors intrigued and markets guessing.
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