- Barrons.com
French Stocks Have Been Pummeled. The Opportunities Are Huge.
Ignore the political turmoil in Europe, says value investor David Herro, and pick up stocks like BNP Paribas and Publicis Groupe.
- Reuters
Bidders line up for HSBC's German fund administration and custody units, sources say
State Street, BNP Paribas and Caceis are lining up as potential bidders for the sale of HSBC Germany's fund administration unit INKA and custody business, three sources familiar with the matter told Reuters. The process is due to launch in the next couple of weeks, as soon as HSBC decides with its advisers whether to sell the assets together or separately, the sources said, speaking on condition of anonymity. HSBC is hoping the overall valuation for INKA and the custody unit could be more than 700 million euros ($751.17 million), the first person said.
- Bloomberg
France’s Left Unites to Challenge Macron, Le Pen for Power
(Bloomberg) -- Left-leaning political parties in France sealed an alliance to join forces in the upcoming legislative election, with polls showing it can win the second-biggest bloc behind Marine Le Pen’s National Rally.Most Read from BloombergWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Tesla Investors Back Musk’s $56 Billion Pay Deal, Texas MoveApple to ‘Pay’ OpenAI for ChatGPT Through Distribution, Not CashHunter Biden Was Convicted. His Dad’s Reaction Was Remarkable.Te
