Credit Agricole SA


  • France's third-largest listed bank said that it would also propose that Xavier Musca, currently one of several deputy CEOs, be appointed second executive director. The mutuals are eager to tighten their grip on CASA after it suffered heavy losses on acquisitions in Greece and Portugal that went sour in recent years under Chifflet's leadership.

  • Credit Agricole taps regional exec Brassac as new CEO Tuesday, 24 Feb 2015 | 1:38 PM ET

    PARIS, Feb 24- Credit Agricole said Philippe Brassac, a senior executive at its network of regional mutuals, would become chief executive after Jean-Paul Chifflet's steps down in May. France's third-largest listed bank said that it would also propose that Xavier Musca, currently one of several deputy CEOs, be appointed second executive director.

  • PARIS, Dec 5- Credit Agricole Chairman Jean-Marie Sander was removed this week from the board of a set of mutually-owned regional banks, a spokesman said on Friday, an indication he has lost the support of a grouping that is its main shareholder. The regional mutual banks voted not to reappoint Sander as the deputy chairman of the Federation Nationale du Credit...

  • SHANGHAI/ HONG KONG, Dec 4- Chinese brokerage Haitong Securities Ltd is in talks to buy Portuguese bank Banco Espirito Santo's investment banking unit as Chinese finance firms snap up more overseas assets to try to offset slowing growth at home. A purchase of the bailed-out Portuguese lender's unit would be Haitong's first acquisition outside China and Hong...

  • Why the stock connect may give yuan a boost  Monday, 10 Nov 2014 | 12:08 AM ET

    Dariusz Kowalczyk, Senior Economist & Strategist at Credit Agricole, says the HK-Shanghai trade link will fuel a rise in China's capital inflows, underpinning strength in the renminbi.

  • Europe closes lower after US job data, Ukraine fears Friday, 7 Nov 2014 | 11:59 AM ET

    European stocks closed lower on Friday after the U.S. economy produced fewer than expected jobs in October and tensions in Ukraine flared.

  • Is time running out for France's President? Friday, 7 Nov 2014 | 5:00 AM ET

    French President Francois Hollande suggested he will not stand for re-election if the country's unemployment rate remains high.

  • Europe closes mixed after ECB's Draghi speech Thursday, 6 Nov 2014 | 11:41 AM ET

    European shares closed mixed on Thursday, after ECB President Mario Draghi hinted as to the possibility of further aggressive stimulus measures.

  • French banks warn on country's 'difficult' economy Thursday, 6 Nov 2014 | 2:33 AM ET

    Societe Generale highlights results in a "difficult environment" while rival Credit Agricole criticizes "lack of coherence."

  • Europe markets close sharply higher; banks lead Friday, 31 Oct 2014 | 12:42 PM ET

    Europe shares ended the day higher after the Bank of England outlined tougher leverage rules for banks and the Bank of Japan upped stimulus measures.

  • Is China's export boom fake? Tuesday, 28 Oct 2014 | 11:26 PM ET

    Exports are regarded as the bright spot in China's slowing economy, but growing evidence suggests firms are "over-invoicing" outbound shipments.

  • China GDP data: Five key takeaways Tuesday, 21 Oct 2014 | 1:50 AM ET

    China's third quarter gross domestic product report delivered an upside surprise, helping calm investor nerves over the faltering global recovery.

  • Should you chase the Treasury rally? Thursday, 16 Oct 2014 | 3:57 AM ET

    Market volatility may look scary and safe-haven Treasurys may be rallying, but investors shouldn't chase them higher, analysts said.

  • Has the yuan become a 'safe haven' trade? Wednesday, 8 Oct 2014 | 11:54 PM ET

    The U.S. dollar's bull run has been a headwind for Asian currencies in recent months, but one outlier is swimming against the tide: the Chinese yuan.

  • China stocks choppy in post-holiday trade Wednesday, 8 Oct 2014 | 6:04 AM ET

    Chinese stocks wavered between gains and losses on Wednesday, the first trading session after a week-long holiday closure.

  • Dollar slips as Hong Kong protests halt recent rally Monday, 29 Sep 2014 | 12:33 PM ET

    The dollar's three-month rally took a breather on Monday on nervousness over Beijing's response to democracy protests in Hong Kong.

  • Swedish crown slips, Aussie weakens on China data Monday, 15 Sep 2014 | 9:47 AM ET
    Swedish Krona currency.

    Sweden's crown fell to a two-month low against the euro after the country elected a minority government.

  • China reforms to start dragging on growth in 2015 Thursday, 11 Sep 2014 | 10:33 PM ET

    China's economy is set to suffer a further slowdown in 2015 as rebalancing pains become more acute.

  • ECB action—the next catalyst for emerging markets? Thursday, 4 Sep 2014 | 11:08 PM ET

    The European Central Bank (ECB) is back in "whatever it takes" mode to stimulate the sputtering economy and Asian markets are set to benefit.

  • Coming to Europe: A ‘three arrow’ strategy? Monday, 1 Sep 2014 | 6:27 PM ET

    European Central Bank (ECB) chief Mario Draghi appears to be implementing his own three-pronged plan to rescue the euro zone economy.