News: Credit Agricole SA (CRARY.PK)

CRARY.PK on OTC Markets Group

7.11USD
29 Oct 2014
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Wed, Oct 29 2014

European banks increase sovereign bets despite risks

* BPCE, Credit Agricole, SG and HSBC double French exposure

BRIEF-Credit Agricole Brie Picardie net banking income at Sept. 30 rises to 438.7 mln euros

* Net banking income at Sept. 30 was 438.7 million euros, up 2.9 pct

Asset sales loom as Monte dei Paschi seeks to fill capital hole

MILAN/LONDON - Italy's Monte dei Paschi di Siena is likely to have to sell assets to fill a capital hole uncovered by European regulators, with shareholders reluctant to stump up cash after a recent fundraising and would-be buyers of the bank holding back.

France's InVivo buys Brazilian pet food firm in overseas push

PARIS - France's InVivo has agreed to buy one of Brazil's largest pet food makers, the latest Western company keen to tap into an expected rise in spending on pets in emerging markets as consumers become wealthier.

C.Agricole insurance arm to tap market with more perpetual bonds

PARIS, Oct 15 - Credit Agricole's insurance arm aims to issue more perpetual bonds, easing the regulatory burden on the French bank's balance sheet after an inaugural sale last week, its top executive said.

MOVES- AmEx, Nomura, Credit Agricole, Dunedin, Rothschild

Sept 30 - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email moves@thomsonreuters.com.

MOVES-Chambers joins Credit Agricole's FIG syndicate desk

LONDON, Sept 30 (IFR) - Robert Chambers has joined Credit Agricole as an assistant director on the syndicate desk covering financial institutions.

RPT-Credit Agricole acquires 1.5 percent Cassa di Risparmio di Parma

PARIS, Sept 22 - French bank Credit Agricole said on Monday it had acquired 1.5 percent of Italian banking group Cassa di Risparmio di Parma e Piacenza SpA (Cariparma), bringing its total ownership stake in the group to 76.5 percent.

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