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SocGen targets dealmaking to boost investment bank Reuters 5 days ago By Matthieu Protard By Matthieu Protard PARIS (Reuters) -Societe Generale said on Monday it plans to revamp its corporate and investment banking businesses by shifting resources into dealmaking and reducing its trading arm's exposure to market swings. France's third-largest listed bank said it is looking to boost profitability in the investment banking division and stabilise revenue after its flagship equity derivatives business, long a strength, was hit hard during the COVID-19 pandemic last year. "Glob...

* Aims to reduce exposure to swings in global markets * Seeks to grow its advisory business (Adds executive comments on cost and expansion in financing) PARIS, May 10 (Reuters) - Societe Generale said on Monday it plans to revamp its corporate and investment banking businesses by shifting resources into dealmaking and reducing its trading arm’s exposure to market swings. France’s third-largest listed bank said it is looking to boost profitability in the investment banking division and stabilise revenue after its flagship equity derivatives business, long a strength, was hit hard during th...

U.S. Count Eases; EU Secures 1.8 Billion Doses: Virus Update Bloomberg 2 hrs ago The U.S. looks set for its first week since mid-September in which daily coronavirus cases have not exceeded 50,000. The European Union approved a contract with Pfizer Inc. and BioNTech SE for as many as 1.8 billion vaccine doses as the region bulks up its vaccination campaign through 2023. In India, more than 4,000 daily deaths were recorded in the latest sign the pandemic is intensifying in the world’s worst-hit nation. There are more vaccine options coming, at least. The World Health Organization gave its ...

U.S. Count Eases; India Reports Record Death Toll: Virus Update Bloomberg 24 mins ago The U.S. looks set for its first week since mid-September in which daily coronavirus cases have not exceeded 50,000. India reported more than 4,000 daily deaths, a record, as the pandemic intensifies in the world’s worst-hit nation. The European Union approved a contract with Pfizer Inc. and BioNTech SE for as many as 1.8 billion vaccine doses as the region bulks up its vaccination campaign through 2023. Key DevelopmentsGlobal Tracker: Cases total 157 million; deaths exceed 3.27 millionVaccine Tracker: M...

U.S. Count Eases; EU Secures 1.8 Billion Doses: Virus Update Bloomberg 48 mins ago The U.S. looks set for its first week since mid-September in which daily coronavirus cases have not exceeded 50,000. The European Union approved a contract with Pfizer Inc. and BioNTech SE for as many as 1.8 billion vaccine doses as the region bulks up its vaccination campaign through 2023. In India, more than 4,000 daily deaths were recorded in the latest sign the pandemic is intensifying in the world’s worst-hit nation. There are more vaccine options coming, at least. The World Health Organization gave it...