Credit Agricole SA (CAGR.PA)
20 Oct 2017
LONDON/PARIS While most London-based bankers are brushing up on their German to prepare for a move to Frankfurt post-Brexit, senior staff at French investment banks expect to say "Oui" to government pressure to bring jobs home to Paris.
FRANKFURT Credit Agricole's chief, Philippe Brassac, has expressed interest in Commerzbank if the German lender were to be up for sale, according to an interview with the Handelsblatt newspaper.
Sept 29 The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Friday:
MILAN, Sept 29 Italy solved one of its remaining banking headaches on Friday as France's Credit Agricole agreed to take over three small ailing banks for 130 million euros ($153 million).
* To invest 500 million euros to buy bad loans that Italian savings banks Cesena, Rimini, San Miniato must sell before being taken over by Credit Agricole
* Will take over Cesena, Rimini and San Miniato savings bank only after they shed a gross 3 billion euros of impaired debts
* REG-CREDIT AGRICOLE SA ANNOUNCES IT HAS SIGNED AN AGREEMENT TO ACQUIRE MORE THAN 95% OF THE CESENA, RIMINI AND SAN MINIATO SAVINGS BANKS
(The following statement was released by the rating agency) PARIS, September 25 (Fitch) Fitch Ratings has affirmed Union de Banques Arabes et Francaises' (UBAF) Long-Term Issuer Default Rating (IDR) at 'A-', Short-Term IDR at 'F1' and Viability Rating (VR) at 'bb'. The Outlook on the Long-Term IDR is Stable. A full list of rating actions is at the end of this rating action commentary. KEY RATING DRIVERS IDRS AND SUPPORT RATING The IDRs and Support Rating of UBAF are driven by potential support f
LONDON Credit Agricole is to move its European government bonds trading platform from London to Paris in September 2017, a spokeswoman for the bank told Reuters.
LONDON, Sept 25 Credit Agricole is to move its European government bonds trading platform from London to Paris in September 2017, a spokeswoman for the bank told Reuters.