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SocGen and AllianceBernstein agree equities tie-up

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fnlondon.com

French bank Societe Generale has signed a joint venture with US investor AllianceBernstein to bolster its equity research, trading and capital markets unit.The two groups have launched a joint venture that will combine their equity research and cash equities trading unit, according to a statement, which will also boost SocGen's equity capital markets and prime services divisions.It...

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