Credit Agricole SA (CAGR.PA)
23 Feb 2018
Fri, Feb 23 2018
PARIS, Feb 23 Credit Agricole will inject 1.2 billion euros ($1.48 billion) in its French retail unit LCL as part of a 1.5 billion euros recapitalisation required by the European Central Bank, LCL said on Friday.
PARIS, Feb 23 Credit Agricole will inject 1.2 billion euros ($1.48 billion) in its French retail unit LCL after the European Central Bank required it to recapitalise the business, French newspaper Le Monde said on Friday, citing an internal message.
MILAN, Feb 16 Credit Agricole has kicked off the sale of a portfolio of non-performing Italian loans worth around 6 billion euros ($7.5 billion), a source close to the matter said on Friday.
* CREDIT AGRICOLE SAID TO START $7.5 BILLION ITALY LOAN SALE - BLOOMBERG, CITING SOURCES Source text: https://bloom.bg/2Byk9Yr Further company coverage:
LONDON, Feb 15 (IFR) - Investment banking revenues from France’s Natixis and Credit Agricole were weaker in the last quarter of 2017, confirming that US banks dominated the primary markets and advisory areas during the period.
PARIS, Feb 14 Credit Agricole's Chief Executive Philippe Brassac said on Wednesday that the French bank wants to accelerate growth in Poland.
* BNP, SocGen also point at revenue stabilisation (Updates with CFO, CEO comments)
PARIS, Feb 14 France's Credit Agricole reported a 33 percent jump in quarterly profit as its investment banking unit held up well in a tough market environment, helping offset a one-time hit from tax-related items.
LONDON, Jan 15 (IFR) - Atul Sodhi has been appointed Credit Agricole's global head of debt capital market corporates, a new role at bank, according to an internal memo seen by IFR.
LONDON, Jan 3 (IFR) - CREDIT AGRICOLE SA (rated A1/A/A+) has mandated Crédit Agricole CIB as Sole Bookrunner for a USD-denominated Subordinated Tier 2 benchmark targeting 15NC10 Structure. The transaction will be launched in the near future, subject to market conditions.