Advertisement
New Zealand markets closed
  • NZX 50

    12,105.29
    +94.63 (+0.79%)
     
  • NZD/USD

    0.5970
    -0.0035 (-0.59%)
     
  • ALL ORDS

    8,153.70
    +80.10 (+0.99%)
     
  • OIL

    82.44
    +1.09 (+1.34%)
     
  • GOLD

    2,232.40
    +19.70 (+0.89%)
     

Investment banking comeback for SG & CA

Societe Generale and Credit Agricole joined bigger French rival BNP Paribas in posting stronger first quarter earnings on firm revenues from investment banking. As David Pollard reports, brisk financial market trading and booming corporate bond issuance offset lacklustre performances in their domestic retail banking markets.