SocGen/Paribas Union Will Form European FX Contender
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PARIS--The $17 billion merger anticipated between French banks Societe Generale and Paribas is set to create a significant FX competitor from inside the euro-zone, say market sources.
Both banks have been less visible in the FX market in recent years, but synergies arising from the merger will bolster the market positioning of the new entity, which will be called SG Paribas.
"The merger will make a credible European player in the FX market and is likely to open the floodgates for further
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