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Business, international

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BNP is seen as better buy than SocGen

Article Abstract:

Banque Nationale de Paris is getting better reviews from banking analysts than Societe Generale because it emphasizes retail banking over merchant and international banking. Such a strategy cuts risk and helps minimize the intrusion of global economic problems. Asset management and investment and corporate banking were 52% of Societe Generale's business versus 38% of Banque Nationale de Paris. It is expected that BNP will seek some sort of alliance with Credit Lyonnais once that bank is privatized.

Strategy & planning, France, Abstract, Societe Generale S.A., Banque Nationale de Paris (Paris, France)

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Savings banks' heft roils Spain

Article Abstract:

Risks are seen as Spain's banking industry is becoming a powerful investor, in the wake of the forced resignation of Alfonso Cortina, Repsol YPF S.A. in a management play by the stakeholder Caja de Pensiones Para La Vejez y de Ahorres.

Financial management, Labor Distribution by Employer, Industry Overview, Finance, Statistics, Company business management, Company financing, Caja de Pensiones Para La Vejez y de Ahorres

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BBVA board approves management committee

Article Abstract:

Banco Bilbao Vizcaya Argentaria S.A.'s (BBVA) board of directors has given its approval to a new management committee. The committee, which will have 14 members, will succeed BBVA's 21-member "Management Committee."

Banco Bilbao Vizcaya Argentaria S.A.

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