Groupama UK criticised for bid to distance itself from French parent
Groupama's UK operation has been accused of "ignoring its financial history" by attempting to distance itself from the group’s Standard & Poor's BBB- downgrade.
Analyst Eamonn Flanagan, a director at Shore Capital, said it was "convenient" that Groupama Insurances chief executive François- Xavier Boisseau had tried to disassociate the business from the rest
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