--Andre Coisne plans to resign as chief executive of Orange SA's (ORAN, ORA.FR) Orange Bank in the next few weeks, Reuters reported Wednesday.

--Two sources told Reuters that a new management structure is in the works at the bank unit.

--In 2016, Orange SA bought a 65% stake in French insurance company Groupama's banking unit, a key step in its plan to move into mobile banking.

 

Full story at www.reuters.com/article/us-orange-banking-moves-exclusive/exclusive-orange-banks-ceo-coisne-to-resign-in-next-few-weeks-sources-idUSKCN1LZ228?il=0

 

Write to Josh Beckerman at josh.beckerman@wsj.com

 

(END) Dow Jones Newswires

September 19, 2018 14:37 ET (18:37 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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