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Renewed political and social friction in France is rattling continental markets, driving up sovereign debt spreads and weighing on the CAC 40.
Societe Generale reported sharp gains in third-quarter net profit and revenue, driven by a rebounding French retail division and resilient global market trading.
BNP Paribas delivered a strong rise in quarterly profit, propelled by resilient client activity and robust trading performance across global markets.
Renewed street protests and fiscal gridlock in Paris prompt political maneuvering, keeping eurozone sovereign bond spreads and European equities on edge.