On most weekday mornings over the past year, Paris-based financial trader David Sibi has turned on a computer program designed to try and beat the U.S. stock market before it even opens.
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French investment bank Natixis (CNAT.PA) plans to cut around 700 jobs, or 4.5 percent of its workforce, as part of a cost saving drive as Europe's lenders adapt to a tough economic environment and new global curbs on risk-taking.
Societe Generale (SOGN.PA) management will face investors later on Wednesday for the first time since the shock arrest of the French bank's top Russian executive on charges of bribery.
