Markets in central and eastern Europe have better growth prospects than France, and the Czech market is among most competitive on the continent, Societe Generale SA Chief Executive Officer Frederic Oudea cited as saying in interview in Hospodarske Noviny newspaper. *Says SocGen’s Czech unit Komercni Banka is company’s “biggest, best bank outside France”: Hospodarske *Says economic crisis in euro area is over as problem countries returned to financial markets: Hospodarske
Deutsche Telekom AG is considering an alliance with WhatsApp Inc., the latest European phone company to seek closer links with the mobile messaging startup that agreed to be acquired by Facebook Inc. for $19 billion.
Austrian Chancellor Werner Faymann said the government is right to avert the collapse of Hypo Alpe- Adria-Bank International AG, as he cited the precedent of Creditanstalt, whose crash helped trigger the 1930s depression.
Societe Generale SA, France’s second-largest bank, more than doubled a dividend payout to shareholders as fourth-quarter profit beat analysts’ estimates, helped by earnings at consumer banking units. The shares rose the most in more than six months.