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Reuters UK (Free subscription) | 12/11/2009
ATHENS, Nov 12 (Reuters) - Greece's Emporiki Bank , the Greek unit of France's Credit Agricole said on Thursday it planned to proceed with a share capital increase of up to 1 billion euros ($1.50 billion)
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People Daily (Free subscription) | 12/11/2009
Credit Agricole S.A. banking group, France's third largest bank by market value, reported a 21-percent decline in net income for the July-September period on Wednesday. The Paris-based bank had net income of 289 million euros (432.3million U.S. dollars), a 21 percent drop from 365 million euros (547 million dollars) in the same period last year, the bank said. The bank's investment branch lost 99 million...
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Rocky Mount Telegram - Business (Free subscription) | 11/11/2009
LONDON — European stock markets rose Wednesday after strong earnings from French bank Credit A...
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Rocky Mount Telegram - Business (Free subscription) | 11/11/2009
LONDON — European stock markets rose sharply Wednesday and Wall Street was expected to rise on...
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DealBook (Free subscription) | 11/11/2009
Credit Agricole, one of the largest French banks, said late Tuesday that it had taken in a profit of 289 million euros ($433 million) for the third quarter, down 21 percent from a year ago, and that its chief executive, Georges Pauget, would step down.
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Banking Times: Daily Banking News (Free subscription) | 11/11/2009
French bank Crédit Agricole has reported its financial results for the third quarter and first nine months of the year. The firm made €289m net income for the quarter, and €692m for the first nine months of the year. The bank has stated that its results reflect the model it adopted early last year based on a [...]
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Financial Times (Free subscription) | 11/11/2009
Well-received results from the banking sector helped lift Europe's bourses after Crédit Agricole reported a 44 per cent rise in quarterly profits
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The Business Insider (Free subscription) | 11/11/2009
You can find things to quibble and worry about, but so far, globally, this would qualify as one hell of a recovery. Bloomberg: Stocks rose, sending the benchmark index for emerging markets to its biggest six-day rally since July, and commodities gained after China’s industrial production and Japan’s machinery orders climbed. Gold advanced to a record. The MSCI Emerging Markets Index added...
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Market Watch (Free subscription) | 11/11/2009
Italian bank UniCredit on Wednesday reported a 26% drop in third-quarter profit as provisions to cover bad loans roughly doubled. Credit Agricole shares rose as the company's profit beat expectations, and the bank named a new CEO.
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Bloomberg (Free subscription) | 11/11/2009
Nov. 11 (Bloomberg) -- European and Asian stocks advanced and U.S. index futures rose after Credit Agricole SA and Holcim Ltd. posted earnings that beat analysts’ estimates and reports showed China’s industrial production and trade surplus climbed.
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Market Watch (Free subscription) | 11/11/2009
LONDON (MarketWatch) -- Credit Agricole was lifted to buy from hold at Societe Generale after the French bank's third-quarter results. The SocGen analysts said momentum at the regional banks should continue in the coming quarters thanks to a pick-up in demand and wider margins. The broker also noted that the asset management and insurance business performed better than forecast in the third quarter,...
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Market Watch (Free subscription) | 11/11/2009
European shares climbed on Wednesday, as miners got a lift from rising metal futures and results from E.On, Credit Agricole and J Sainsbury also helped sentiment.
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Law Blog - WSJ.com (Free subscription) | 10/11/2009
Crédit Agricole said its third-quarter net profit fell 21%, hurt by an impairment charge for its Greek subsidiary Emporiki, and said Jean-Paul Chifflet will become its CEO next year.