Former IMF head Dominique Strauss-Kahn is being questioned by police as a suspect in a prostitution ring inquiry, according to the BBC.
Invesco Perpetual's co-head of fixed income Paul Read has said April's French presidential election is the "one to watch" for markets in 2012.
Fourth quarter eurozone GDP has come in fractionally ahead of expectations but the 0.3% drop will do little to dismiss predictions of a new recession.
The past three years have been a tumultuous time for the financials sector, which has seen a phase of deleveraging, rights issues and balance sheet repair which continues to this day.
French President Nicolas Sarkozy has unveiled plans to introduce a tax on financial transactions.
Standard & Poor's has cut the counterparty credit ratings on three French banks, following its removal of France's AAA rating earlier this month.
Neptune founder and CEO Robin Geffen has ruled out the possibility of a eurozone breakup following a meeting with Italian Prime Minister Mario Monti.