Société Générale on Wednesday said net profit doubled in the third quarter on lower bad loan provisions and growth in international retail banking, and said it will be able to comply with new banking regulation in 2013 without raising fresh capital.

The bank, France's second-largest by market capitalisation after BNP Paribas, said net profit in the three months to September 30 rose to €896m from €426m a year earlier, beating analyst expectations of €716m.

French bank opens up 3.6% after better-than-expected Q3

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Hedge fund Discovery Capital extends year-to-date returns to almost 18%

Crypto hedge fund Tephra Digital returns 9% in July 

Steve Cohen’s Point72 begins India hiring push

Milbank hires private equity M&A rising star in Germany

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Coutts hires ex-JPMorgan banker James Todd as next private client boss

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Todd replaces Camilla Stowell who left the NatWest-owned wealth in January

Senior GIC private equity lawyer joins Dechert in London

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US law firm hires private equity specialist from key client

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Top executives at JPMorgan Chase traveled through states including Mississippi and Alabama, where the bank is expanding its reach.

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The U.K. central bank lowered its key rate for the fifth time in a year as it seeks to balance a pickup in inflation against a cooling jobs market.

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The private-equity firm’s profit rose amid what its executives called the best environment for selling assets in years.

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A weekly call turned into a celebration of heroes as staffers comfort one another through lingering trauma.

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White House Preps Order to Punish Banks That Discriminate Against Conservatives

Some fear a decline in the world-leading economic statistics underpinning U.S. markets.

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America’s most powerful banker and the president have met twice in the past two months to talk about the economy, interest rates and trade.

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Société Générale net profit doubles

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