(FILES) This photograph shows the logo of French travel and tourism operator Club Med on a facade in Vincennes, an eastern suburb of Paris, on January 14, 2025. Club Med is considering an initial public offering (IPO) in late 2026 or in 2027, its CEO Stephane Maquaire said on March 24, 2026, marking a shift for its majority shareholder, China's Fosun, which had previously ruled out this possibility. (Photo by Martin LELIEVRE / AFP via Getty Images)

Governor of the Bank of France Francois Villeroy de Galhau looks on during a press conference to present the 2025 annual report of France's central bank in Paris on March 24, 2026. (Photo by Bertrand GUAY / AFP via Getty Images)

First Deputy Governor of the Bank of France Denis Beau speaks during a press conference to present the 2025 annual report of France's central bank in Paris on March 24, 2026. (Photo by Bertrand GUAY / AFP via Getty Images)

Governor of the Bank of France Francois Villeroy de Galhau holds a press conference to present the 2025 annual report of France's central bank in Paris on March 24, 2026. (Photo by Bertrand GUAY / AFP via Getty Images)

Governor of the Bank of France Francois Villeroy de Galhau looks on during a press conference to present the 2025 annual report of France's central bank in Paris on March 24, 2026. (Photo by Bertrand GUAY / AFP via Getty Images)

Governor of the Bank of France Francois Villeroy de Galhau speaks during a press conference to present the 2025 annual report of France's central bank in Paris on March 24, 2026. (Photo by Bertrand GUAY / AFP via Getty Images)

Governor of the Bank of France Francois Villeroy de Galhau speaks during a press conference to present the 2025 annual report of France's central bank in Paris on March 24, 2026. (Photo by Bertrand GUAY / AFP via Getty Images)

Governor of the Bank of France Francois Villeroy de Galhau poses prior to a press conference to present the 2025 annual report of France's central bank in Paris on March 24, 2026. (Photo by Bertrand GUAY / AFP via Getty Images)