Retail sales rose at their fastest rate in nine years in December, the Office for National Statistics reported yesterday. However, some City analysts immediately cast doubt on the reliability of the figures.
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Thursday 07 August 2008
BNP Paribas, the bank that signalled the severity of the financial turmoil nearly a year ago, rode out the crisis in the second quarter with profit ahead of expectations.
Friday 06 June 2008
Morrisons has delivered price cuts on 2,000 items this month to lure cash-strapped customers into stores, as it showed rivals a clean set of heels with barnstorming sales for the 13 weeks to 4 May.
Thursday 20 March 2008
Another cut in UK interest rates edged closer yesterday after it emerged that the deputy governor of the Bank of England Sir John Gieve has moved into the camp calling for reductions.
Thursday 06 March 2008
Crédit Agricole has ruled itself out of "significant acquisitions" after the credit crunch sent it slumping to its first quarterly loss since listing in 2001. The French bank did not close the door completely on a move for Société Générale, however, saying it would "not remain indifferent" should the beleaguered group be approached by a rival.
Saturday 02 February 2008
Investment banks are jostling for position in the potential bidding war for Société Gé*érale, which became vulnerable to an approach after last week's rogue trading scandal.
Friday 01 February 2008
European shares rose today, led by mining shares after a Chinese aluminium company said it had bought a stake in bid target Rio Tinto and by banks ahead of key US jobs data later in the session.
Friday 01 February 2008
BNP Paribas yesterday gave its first hint that it may bid for Société Générale since its arch rival became vulnerable to takeovers in the wake of last week's rogue trading scandal.
Thursday 31 January 2008
Daniel Bouton, the chairman and chief executive of Société Gé*érale, won a reprieve yesterday after the board of the beleaguered bank voted unanimously to keep him at the helm. This came as the bank announced it had set up an independent task force to investigate last week's €5bn (£3.7bn) trading scandal.
Friday 25 January 2008
It didn't take long for the speculation to begin. Just hours after Société Gé*érale revealed it had been victimised by a rogue trader who lost the bank an astonishing €4.9bn (£3.7bn) on fraudulent trades, market watchers began speculating on who might swoop on the stricken bank.
Sunday 07 December 2003
Tuesday 18 April 2000
Friday 17 December 1999
Thursday 16 December 1999
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