The Local France

France cuts red tape to help disgruntled bank customers

Mon, 06 Feb 2017 10:32:43 +0100

A new law comes into force in France on Monday that will come as a relief for disgruntled customers of banks.

Banks in UK 'plan possible Paris move on Brexit'

Thu, 08 Dec 2016 11:33:46 +0100

International banks have enquired about switching operations from London to Paris following Britain's vote in favour of exiting the European Union, according to a senior official at France's markets regulator.

French banks are going to hike their charges once again

Wed, 07 Dec 2016 18:00:43 +0100

From January 1st 2017 anyone with a bank account in France can expect to pay a fair bit more for the pleasure of using it.

French banking giant to pay US €700m in fines

Tue, 20 Oct 2015 10:44:48 +0200

French bank Credit Agricole has agreed to pay €700 million ($800 million) to the US to settle charges it conducted illegal business in Iran and other sanctioned countries, reports have claimed.

France urges global fight against tax dodging

Thu, 06 Nov 2014 16:44:00 +0100

France's finance minister has urged countries to work together to fight tax avoidance, after leaked documents showed leading French banks were among 340 companies helped by Luxembourg to dodge hefty tax bills.

Watchdog slams French banks over ‘sneaky’ fees

Thu, 27 Jun 2013 14:37:00 +0200

France’s biggest consumer watchdog has rounded on French banks for their “sleight of hand” in increasing vague ‘account-keeping’ fees for their customers, it was reported on Thursday.

France turns up heat on Austria over tax havens

Fri, 12 Apr 2013 10:35:00 +0200

France turned up the heat on Austria Thursday, with French Budget Minister Bernard Cazeneuve saying that it could be placed on a French list of non-cooperative countries if lawmakers do not agree to an automatic exchange of information aimed at combating tax evasion.

Thieves 'skimmed' millions in Paris cafés

Thu, 13 Dec 2012 13:31:00 +0100

Police in Paris have arrested 19 people in connection with card 'skimming' scams in Paris restaurants and cafés worth €14 million.

Bank shares tumble after BNP Paribas downgrade

Fri, 26 Oct 2012 13:33:00 +0200

French banking shares fell sharply on Friday, a day after ratings agency Standard and Poor's downgraded giant BNP Paribas.

Crédit Agricole pumps cash into Greek subsidiary

Wed, 04 Jan 2012 18:06:00 +0100

Greece's Emporiki Bank on Wednesday said it had received a €2 billion ($2.6-billion) injection from its French parent group Crédit Agricole to "fortify" its position during a state debt writedown.

French want their banks to move with the times

Tue, 04 Oct 2011 11:52:26 +0200

Customers are frustrated with banks that have inconvenient opening hours and long queues, according to a new survey.

Four top French banks all pass stress test

Mon, 18 Jul 2011 14:00:00 +0200

All four top French banks scrutinised by EU stress tests passed the examination, the French regulator said on Friday.

Banks face credit downgrade over Greece

Wed, 15 Jun 2011 10:36:00 +0200

Ratings agency Moody's warned Wednesday it may downgrade the rating of French banks Credit Agricole, BNP Paribas and Société Générale because of their exposure to Greek debt.