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Is Renault eying a new investment partnership with Chinese investment bank?

French car giant Renault has confirmed it has held “friendly discussions” with China International Capital Corporation (CICC). Confirmation of the talks with the investment bank came during a briefing to Reuters in which a spokesperson for the automobile manufacturer said the talks were around China’s market. It is understood from earlier reporting in the Chinese […]

Is France becoming Europe’s go-to FDI destination?

This year’s ‘Choose France’ summit, held at Versailles this month, has led to pledges of €13bn of future investment in the country. Reporting from Euractiv indicated more than 200 chief executives, including Tesla and Twitter supremo Elon Musk, attended the event. While Musk did not make any overt pledge, 28 company-specific projects were reportedly announced, […]

Bank of America sets out stall in Luxembourg

Bank of America has signalled its intentions for a push into the European funds market by setting up a new branch in Luxembourg. It was reported on Reuters earlier this week the group was hiring Benoit Nevouet to be the new branch’s manager, poaching him from BNP Paribas. Bank of America said in the Reuters […]

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