Financial Insights That Matter Debate on how to manage drug spending continues in France despite an ongoing disagreement between industry and the government about whether there was €1.2bn overspend on medicines in 2024. France’s controversial social security financing bill has returned to parliament amid a €1.2bn drug overspend dispute. Boost Your Financial Knowledge and Achieve […]
French fintech Swan bags €42M; plans 85 new hires #FrenchFinance
Financial Insights That Matter Swan, a Paris-based fintech specialising in embedded banking, has secured €42M in its Series B round of funding. The investment was led by Eight Roads Ventures, with participation from existing investors Lakestar, Accel, Creandum, Hexa, and BPI France. Lucile Cornet, Partner at Eight Roads Ventures, says, “We believe the embedded finance […]
Disney+ to Invest 25% of its Local Turnover in French, Euro Series, Pics #FrenchFinance
Financial Insights That Matter Disney+ has signed a landmark agreement to invest 25% of its annual sales generated in France to finance French and European series and films. As a payoff for this commitment, the streamer will be allowed to access newly released films nine months after their theatrical release, a big improvement from the […]
SGS Is In Talks to Combine With French Testing Firm Bureau Veritas #FrenchFinance
Financial Insights That Matter (Bloomberg) — SGS SA is in advanced talks to combine with Bureau Veritas SA, people with knowledge of the matter said, in a deal that would create a European testing and certification company with a combined market value of almost $35 billion. Most Read from Bloomberg Geneva-based SGS and France’s Bureau […]
French port group Haropa waits on tariffs after brisk 2024 #FrenchFinance
Financial Insights That Matter PARIS (Reuters) – Trade tensions between Europe, the United States and China are creating an uncertain short-term outlook for France’s biggest port operator after brisk activity last year, the state-controlled company said. Haropa, which runs France’s biggest container port at Le Havre on the north coast along with river ports on […]
Brand Finance’s Global 500 ranking 2025: Chanel takes the lead among French luxury brands #FrenchFinance
Financial Insights That Matter While luxury brands are far from dominating Brand Finance’s ranking of the world’s 500 most valuable brands, they still occupy a significant place. Luxury lost ground in 2024. Whether in terms of sales, as recently revealed by the Altagamma study (which notes the first decline in luxury personal goods in 15 […]
Meet Eric Lombard, the banker tasked with saving the French economy – POLITICO #FrenchFinance
Financial Insights That Matter Indeed, despite spending most of his career in the private sector, Lombard’s brush with public service comes as an adviser to former socialist Finance Minister Michel Sapin. Thanks to the role, however, Lombard will have gained experience of French administration and in particular the French Economy Ministry, known in France as […]
French 2025 budget targets 50 billion euros in savings, finance minister says #FrenchFinance
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 24, 2025 PARIS (Reuters) -France’s new government aims to squeeze around 50 billion euros ($52 billion) in savings out of the 2025 budget, Finance Minister Eric Lombard said on Monday, setting a lower target than his predecessor. Lombard said that an […]
Saipem Faces Cost Blowout at French Wind Project Amid Drilling Setbacks #FrenchFinance
Financial Insights That Matter Breadcrumb Trail Links PMN Business Saipem SpA is struggling to drill foundations for a wind farm off France’s northwest coast, where it’s on the hook for hundreds of millions of euros in cost overruns, people with knowledge of the matter said. Author of the article: Bloomberg News Francois de Beaupuy and […]
Kidnapped co-founder of French crypto firm Ledger had his hand mutilated #FrenchFinance
Financial Insights That Matter Posted By Global Banking and Finance Review Posted on January 24, 2025 By Marine Strauss (Reuters) – David Balland, a co-founder of French crypto firm Ledger, had his hand mutilated while he and his wife were kidnapped, the Paris prosecutor said, adding that 10 people were being questioned following the freeing […]