Credit Agricole

Credit Agricole reports 27% Q4 profit jump, aided by Amundi and trading

The lender is the latest to benefit from soaring demand from clients wanting to trade in global markets

Bank of America dropped down to category two from three previously on the list of Global Systemically Important Banks.

Bank of America down a notch on ‘too big to fail’ list

THE body that monitors the global financial system on Tuesday (Nov 26) moved US lender Bank of America down a notch and French counterpart Credit Agricole up one on its “too big to fail” list of banks...

Credit Agricole's consumer finance unit have shared a joint venture with Guangzhou Automobile since 2010, which provides services such as credit for car purchases.

Credit Agricole in talks to invest in Guangzhou Auto unit

The transaction will give the leasing business a valuation of about US$600 million

Deutsche Pfandbriefbank, the specialised lender at the center of contagion worries, continues its decline as analysts at Barclays argue the German bank has set aside relatively small provisions.

Europe’s banks under microscope with property worries swirling

Europe’s lenders remained in the focus of investors on Thursday (Feb 8) as analysts assessed the risk of contagion from the troubles in commercial real estate markets.

The investment “is intended to strengthen this partnership to create a major player in the French merchant payment services market,” Credit Agricole says.

Credit Agricole takes 7% stake in Worldline to bolster payments

CREDIT Agricole acquired a 7 per cent stake in Worldline for an undisclosed price to help stabilise its struggling payments partner and strengthen a joint venture announced last year.

Credit Agricole (above), HSBC and Standard Chartered obtain “type A” licences, allowing them to lead the underwriting of debt issues by domestic and foreign borrowers.

China allows more foreign banks to play lead role in debt underwriting

CHINA has granted six foreign banks licences allowing them to act as lead underwriters for debt issues in China, as it admits more foreign players into the country’s fast growing renminbi-denominated ...

Credit Agricole controls Europe’s largest fund manager Amundi and recently announced its plan to acquire Belgium’s wealth management firm Degroof Petercam.

Credit Agricole beats forecasts on strong investment bank boost

CREDIT Agricole, France’s second-largest listed bank, posted better-than-expected quarterly results on Wednesday (Nov 8), driven by a strong performance of its investment bank and retail activities.

The new unit, Credit Agricole (Beijing) Advisory Services, focuses on cross-border merger and acquisition, encompassing purchases, disposals and capital raising.

Credit Agricole launches China M&A and investment banking business

CREDIT Agricole , France’s second-biggest listed bank, has become the latest foreign lender to boost its China investment banking operations with the launch of a new unit.

France's Amundi beats strategic targets on surging inflows

France's Amundi beats strategic targets on surging inflows

[BENGALURU] French funds manager Amundi said it exceeded its 2022 strategic targets on Wednesday (Feb 9), as it posted a strong rise in earnings helped by its retail business and expansion in Asia.

Credit Agricole Q1 profit falls 16% as it triples provisions

Credit Agricole Q1 profit falls 16% as it triples provisions

[PARIS] Credit Agricole reported on Wednesday a 16.4 per cent decline in quarterly profit, as France's second-biggest listed bank almost tripled the amount of provisions to protect itself from potenti...