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AXA IM Trims French Bank Stocks With Bond Risk a Lasting Trend

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AXA Investment Managers has cut its exposure to French banking stocks and sees no quick reversal in the recent rise in sovereign yields, according to portfolio manager Gilles Guibout.

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French Bank Stocks Drop After Snap Election Called(Bloomberg) -- French stocks fell on Monday after President Emmanuel Macron dissolved the country’s lower house of parliament and called new legislative...
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