|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||67.00 - 67.15|
|52 Week Range||43.24 - 68.89|
|PE Ratio (TTM)||11.45|
|Dividend & Yield||3.03 (4.05%)|
|1y Target Est||N/A|
French banks Société Générale and BNP Paribas have emerged from the financial crisis, the eurozone debt crisis and long years of European economic stagnation as two of the continent’s strongest lenders....
European stocks advance Thursday, with banks stocks marching higher after the U.S. Federal Reserve indicated it will continue to raise borrowing costs.
Banking shares drove European bourses higher on Thursday after the U.S. Federal Reserve signaled a likely December rate hike and announced it would begin trimming its balance sheet in October. The pan-European STOXX 600 ended up 0.3 percent while euro zone stocks and blue-chips rose 0.4 percent as the U.S. central bank's optimism on the economy stoked renewed enthusiasm for financials and cyclical sectors in Europe. "The market's reaction... is positive on the back of the Fed acting in line with expectations, and with that the market anticipates the Euro strength momentum to fade," said Britta Weidenbach, head of European equities at Deutsche Asset Management.