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Co-founders of AllianceBernstein's Autonomous research quit ahead of SocGen venture

LONDON/PARIS (Reuters) -The three co-founders of AllianceBernstein's Autonomous research unit have quit, ahead of the U.S. investment firm merging its equities business with French bank Societe Generale. Stuart Graham, a highly regarded banks analyst who joined AllianceBernstein in 2019 after it bought the financial sector-focused research firm he co-founded, is leaving in March to take a six-month break from work, he told Reuters. The other two co-founders of Autonomous, Ed Allchin and M...
France General Ed Allchin Tommy Reggiori Wilkes Manus Costello Andreas Vollmer Mathieu Rosemainediting
Source: yahoo.com

SocGen's new boss Krupa pledges to cut costs to boost profits by 2026

LONDON (Reuters) -Societe Generale's shares dropped more than 6% in early Monday trade after France's third-biggest bank said it expected little if any growth in annual sales over the coming years in a keenly-awaited strategic plan from its new CEO. Slawomir Krupa took over in May, charged with reviving a bank that has slipped behind French leader BNP Paribas and some other European rivals amid a costly exit from Russia last year and concerns it is too reliant on volatile investment b...
City Of United Kingdom Mathieu Rosemainediting Slawomir Krupa Societe Generale Mathieu Rosemain
Source: yahoo.com

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