PARIS (Reuters) - French banks are finalising a plan to set up a "super conduit" fund of about 1 billion euros ($1.5 billion) to help any French mutual funds destabilized by the global market crisis, ...
The banks, which include BNP Paribas SA, Societe Generale, Natixis, Credit Agricole SA's Calyon, and the French unit of HSBC Holdings, have been working since this summer to create the conduit so that ...
PARIS (Reuters) - French banks are finalising a plan to set up a "super conduit" fund of about 1 billion euros (716 million pounds) to help any French mutual funds destabilised by the global market ...