Our estimates suggest a midcycle return on tangible equity of around 7.3% for Société Générale, materially lower than our estimated cost of capital of 10.5%, which includes a 0.5% country risk premium ...

George Osborne is set for a multi-million-pound payday after his boutique investment bank was snapped up by a US rival.

A Cayman reinsurance firm, Barents Re, has been slapped with a fine on its London operation in a first by a Bank of ...