PARIS AFP — French banking group Credit Agricole, which reported first-half results in line with forecasts, has almost finished digesting Credit Lyonnais and unabashedly admits it has the appetite, and the means, to devour other prey. The integration of Credit Lyonnais, acquired in 2003, is expected to be 90-95...
LONDON AFP — Credit Agricole, France's biggest bank, confirmed its interest in possibly bidding for British peer Alliance and Leicester. Responding to a weekend press report that it is poised to offer six billion pounds (8.8 billion euros, 11.3 billion dollars) for A and L, Credit Agricole said in...
ATHENS AFP — Greece's Emporiki Bank welcomed a revised takeover offer of 25 euros per share tabled last week by France's Credit Agricole for 100 percent of the group. "The improved price lies exactly in the middle of the fair price range per company share," Emporiki's board of governors...
Invesco has appointed James Downie to join the European equity team based in London.Downie joins from ABN Amro, where he was the senior pan-European telecoms analyst covering research, sales, privatisations, initial public offerings and corporate broking. Credit Agricole shifts management of CA-Funds UK to London Credit...
PARIS AFP — French bank Credit Agricole launched a public cash offer to buy the 91 percent of Emporiki Bank it does not already own, in a bid valuing the Greek group at 3.1 billion euros (3.9 billion dollars). The bid valuing Emporiki at 23.5 euros a share is...
PARIS AFP — French banking group Credit Agricole on Wednesday reported a 16.8 percent slide in third quarter net earnings linked to asset writedowns but said it had shown "resilience" against the US home loan crisis. The bank said net profit came to 954 million euros (1.4 billion dollars)...
PARIS AFP — French bank Credit Agricole posted a better-than-expected 70.9 percent surge in third-quarter net profit thanks to lower provisions and despite an overall decline in revenues. The bank reported third-quarter net profit of 653 million euros (850 million euros), up from 382 million euros in the same...
WINNIPEG, MB, Apr 05, 2001 Agriculture and Agri-Food Minister Lyle Vanclief today tabled amendments to the Farm Credit Corporation Act that will enable Farm Credit Corporation FCC to meet the changing financing needs of Canadian agricultural operators. As part of the...
PARIS AFP — Credit Agricole, France's biggest bank, reported a 55.6-percent rise in net profit in 2005 and unveiled plans to expand its investment banking business in Asia. Net profit totalled 3.891 billion euros (4.646 billion dollars), an increase of 55.6 percent compared with 2004, while net banking income...
M2 PRESSWIRE-16 February 2000-3I: Europa Communications receives multi-million cash injection from Credit Agricole Indosuez and 3i C1994-2000 M2 COMMUNICATIONS LTD RDATE:14022000 Europa Communications, a reseller of specialist telecoms services, has announced the successful completion of financing exceeding GBP7 million....
PARIS AFP — French banking giant Credit Agricole said on Tuesday it was seeking 5.9 billion euros (9.2 billion dollars) in fresh cash from shareholders after taking new charges of 1.2 billion euros for problems in the US subprime market. The bank said its first quarter net profit would...
AME Info, Abu Dhabi, United Arab Emirates Knight Ridder/Tribune Business News Aug. 1--CREDIT AGRICOLE, USD1 BILLION IRAN CREDIT: Credit Agricole Suez has established a USD1 billion line of credit with Iran's five largest state-owned banks, reported the Financial Times. Only last ...
People's Bancshares, Inc. New Bedford, Massachusetts The Federal Reserve Board announced on December 12, 2000, the execution of a Written Agreement by and between People's Bancshares, Inc., New Bedford, Massachusetts, and the Federal Reserve Bank of Boston. Caisse Nationale de Credit Agricole Paris, France The Federal Reserve...
PARIS AFP — French banking giant Credit Agricole, hit by losses on its US subprime exposure, said Wednesday it will offer shares at a heavily discounted price in an effort to raise 5.9 billion euros (9.1 billion dollars). The company last month said it needed to raise the cash...
PARIS AFP — French banking giant Credit Agricole launched a 5.9-billion-euro (9.1-billion-dollar) capital increase Friday aimed at shoring up its resources after suffering losses on its US subprime exposure. Europe's leading retail bank, which has lost 4.2 billion euros since the start of the subprime crisis last August, wants...
PARIS -- NCR Corporation (NYSE:NCR) today announced the rollout of 30 new NCR Personas M Series 87 automated teller machines ATMs with image-based Intelligent Deposit capabilities at Credit Agricole Martinique bank branches in France and French Guiana.
ATHENS AFP — An incursion by French bank Credit Agricole into Greece's financial sector via partial privatisation of Emporiki Bank is raising a storm of protest, with the government accused of holding the sale to plug its debt. As the French bank pursues a shopping spree that has boosted...
Byline: BRIAN CAPLEN AND NICK KOCHAN What progress has the group made over the past few years? Georges Pauget: We have achieved our financial targets in terms of cost synergies and we have achieved our targets in terms of return on equity,...
