California governor Gavin Newsom posted on Twitter: "Horrifying and heartbreaking. Our hearts are with the families impacted by this terrible tragedy tonight."
The online bank was developed thanks to the acquisition of a majority stake in lender Groupama Banque. Groupama, a French insurer, now owns 22% of the group. Orange controls the remaining 78%.
The question is to find a partner to accelerate and continue the development of Orange Bank," the source said.
The group expects core operating profit to be stable or slightly lower this year and its organic free cash flow from telecoms activities to top 2.2 billion euros.