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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 Manus Costello, are also leaving, Graham said in an email.

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 banking. "We are negatively surprised by lack of revenue growth, increased capital target, payo...

PARIS (Reuters) -French media giant Vivendi's first-quarter sales grew by 7.9% at constant exchange rates and excluding acquisitions, driven by its pa...

PARIS (Reuters) -French media giant Vivendi's first-quarter sales grew by 7.9% at constant exchange rates and excluding acquisitions, driven by its pa...

PARIS (Reuters) -A French court of appeals upheld a 150 million euro fine levied against Alphabet's Google for abusing its power over the treatment of advertisers, a spokesperson for the