Credit Agricole SA


  • *Dubai lender ENBD and Morocco's Attijari among bidders. DUBAI/ CAIRO, Oct 1- Dubai's Emirates NBD. and Morocco's AttijariWafabank have bid to buy BNP Paribas' Egyptian retail arm, four banking sources said, as regional banks pick up assets being shed by European lenders.

  • Oct 1- Credit Agricole SA:. *RBC raises Credit Agricole SA to sector perform from underperform. *RBC raises Credit Agricole SA price target to 6.60 euros from 4.

  • *Announces fleet plan for international growth.

  • *Possible 1 bln euro earnings hit- Mediobanca analysts* Deal to be completed by year-end. PARIS/ ATHENS, Oct 1- Credit Agricole announced plans on Monday to pay Alpha Bank 550 million euros to take Greek lender Emporiki off its hands, on top of billions it already injected into the subsidiary during the country's slide into economic depression.

  • Shares in French lender Credit Agricole rise 2.7 percent, the top gainers on France's CAC 40 index, as the bank confirms it is in exclusive talks to sell its Greek bank Emporiki to Alpha Bank.

  • By Christian Plumb and Lefteris Papadimas. PARIS/ ATHENS, Oct 1- Credit Agricole said on Monday it planned to inject another 550 million euros into its Greek bank Emporiki under a deal to sell it to Alpha Bank for a symbolic one euro, as it prepares to quit Europe's most depressed economy.

  • C.Agricole confirms Emporiki talks with Alpha Bank Monday, 1 Oct 2012 | 2:13 AM ET

    PARIS, Oct 1- Credit Agricole confirmed on Monday that it was in exclusive talks to sell the whole of its Greek Emporiki unit to Alpha Bank as the French bank seeks to pull out of the debt-stricken country.

  • French and Benelux stocks-Factors to watch on Oct 1 Monday, 1 Oct 2012 | 1:29 AM ET

    Separately, the bank's brokerage unit Cheuvreux could cut 290 jobs in France as part of a possible deal with financial services group Kepler Capital Markets to buy Cheuvreux, French daily Les Echos wrote, citing sources close to the matter.

  • Credit Agricole Profit Hit by Greek Losses     Tuesday, 28 Aug 2012 | 1:30 AM ET

    Credit Agricole has reported a 67 percent drop in second quarter net profit, hit again by its troubled Greek unit and write downs on Italian assets.

  • The French bank Credit Agricole is planning on major changes to the way it operates in order to avoid new capital requirements being imposed by global financial regulators.

  • Fitch Downgrades Ratings on Five Major European Banks Wednesday, 14 Dec 2011 | 10:25 PM ET

    Fitch downgraded its credit ratings on five major European banks as part of a broader review of its ratings on the largest banks in the world.

  • Morgan Stanley Versus Zero Hedge Wednesday, 5 Oct 2011 | 10:48 AM ET

    Sue Craig has a great piece in the New York Times today about Morgan Stanley's recent travails.

  • Five More Reasons to Worry About Euro Zone Wednesday, 14 Sep 2011 | 3:20 AM ET

    Investors will have to deal with an avalanche of news flow from Europe on Wednesday ahead of a crucial meeting of euro zone finance ministers and US Treasury Secretary Tim Geithner on Friday.

  • Europe's Confidence Problem     Wednesday, 14 Sep 2011 | 2:45 AM ET

    "The biggest problem we have in Europe and elsewhere at the moment is confidence," Sir Michael Rake, BT Chairman, told CNBC.

  • Moody's Downgrades Credit Agricole, SocGen Ratings Wednesday, 14 Sep 2011 | 2:03 AM ET

    Moody's Investors Service said on Wednesday that it downgraded the credit ratings of Societe Generale and Credit Agricole, marking the latest in a series of blows to French banks that have recently punished European stocks.

  • French Banks Under Attack     Friday, 19 Aug 2011 | 12:15 PM ET

    "The second quarter figures we are expecting from Credit Agricole should not bring any kind of surprise, because it has already made a profit warning in late July. The funding issue is not peculiar to Credit Agricole, but there is a real issue in general with funding for French banks," Christophe Nijdam, banking analyst at Alphavalue, told CNBC's Investing Edge.

  • Could European Banks See TARP?     Thursday, 11 Aug 2011 | 9:22 AM ET

    CNBC's Simon Hobbs has the latest detail on funding difficulties at French banks and ECB financing.

  • Credit Agricole Shares Fall After Greek Unit Hit Friday, 29 Jul 2011 | 6:14 AM ET
    A man walks outside the Bank of Greece headquarters during a demonstation against government's austerity measures in central Athens.

    Shares in French Bank Credit Agricole fell in early Paris trade on Friday after the group announced it took a hit in the second quarter for an expected loss at its Greek Emporiki Bank unit and its participation in an EU-led rescue plan for Greece.

  • Financials Weigh On Stocks Amid Criminal Probes Thursday, 13 May 2010 | 5:28 PM ET

    Financials sold-off on Thursday after reports suggested more criminal probes were ahead for Wall Street firms. Should you hold your breath and buy the weakness?

  • Tracking the Bond Insurer Crisis: A Timetable Wednesday, 5 Mar 2008 | 1:23 PM ET

    Troubles in the $2.4 trillion bond insurance industry have been the focal point of a widening credit crisis as expected losses in mortgage-backed debt put the insurers' ratings at risk.

Most Popular Video

Sunday, 20 Apr 2014 | 11:08 PM ET

Kelvin Tay, MD & Regional CIO for Southern APAC at UBS Wealth Management, expects U.S. firms to report 8 percent growth for 2014, but warns of risks from the recent winter freeze.

Sunday, 20 Apr 2014 | 10:47 PM ET

David Forrester, Senior Vice President, G10 FX Strategy at Macquarie, expects the Bank of Japan to unleash more stimulus ahead, which will spur further yen weakness.

Sunday, 20 Apr 2014 | 10:39 PM ET

James Chao, Director, Asia Pacific at IHS Automotive Consulting, addresses concerns surrounding the quality of vehicles made in China.