CNP ASSURANCES: Waiting for a new business plan within La Banque Postale… | NEUTRAL | EUR21(+4%)
CNP ASSURANCES - NEUTRAL | EUR21(+4%)Waiting for a new business plan within La Banque Postale…
Lower interest rates weighting on Q1 operating performance…
… and solvency
Towards a new shareholding structure and a new business plan
CNP Assurances is an insurance company. Co. designs, develops, distributes and manages savings, pension & personal risk, and term creditor products. Co. offers savings products and insurance against the risks of everyday life to its customers. Co.'s operations are organized along three business segments. The Savings business concerns products enabling policyholders to build up capital which they can cash in. The Pensions business concerns products designed to enable policyholders to receive an annuity or lump sum on retirement. The Personal Risk business includes products enabling policyholders to insure against the risks of death, accident or illness, property damage or liability claims.
Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.
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