Credit Agricole

Banque Credit Banque Credit Montpellier, France, 19th September 2011 – For immediate release Cortus S.A., the technology leader in ultra-low power, silicon efficient, 32-bit processor IP for embedded systems, announces the closure of a funding round. The investment from financial partners Credit Agricole Entreprises and Banque Dupuy de Parseval and institutional partners OSEO and the Region of Languedoc-Roussillon focus on international expansion and development. Since starting in 2005...Read Full Story

The French bank, which faces mounting losses in Greece, is redoubling efforts to get help from an unlikely source: the Greek central bank and its emergency-loan program.Read Full Story

Lossmaking Emporiki unit contributes to 75 per cent decline in quarterly net profits at France’s third-biggest bank Financial Times – US homepage Crédit Agricole hit by Greek exposure is a post from: The Forex Trading System BlogRead Full Story

Dec. 15 (Bloomberg) -- Credit Agricole SA, France's second-largest bank by assets, will report a loss for 2011 and eliminate 2,350 jobs at its investment-banking and consumer-finance units, while Lloyds Banking Group Plc Chief Executive Officer Antonio Horta-Osorio will return to work next month after nine weeks of medical leave. Elliott Gotkine reports on Bloomberg Television's "Countdown" with Linzie Janis.Read Full Story

Wednesday, September 28th, 2011 | Computer, Economía y Negocios, Gadgets, Games, Hardware, Technology Image 尧尧】 【French bank Crédit Agricole plans to reduce its needs of financing in the medium and long term for 2012 up to 10 billions of Euros against 2011 and to reduce its debt of 50 million dollars at the end of the next year. group of mutual insurances will have its program of financing [...Read Full Story

Credit Agricole said Thursday a net loss more severe than expected in the fourth quarter of 2011, to 3 billion euros, due to heavy writedowns related to the crisis area euro and restructuring costs of its banking and investment banking (CIB). The bank, listed vehicle Crédit Agricole group, said in a statement it had also passed a new supply of government debt, 220 million euros, bringing the discount on debt public of this country to 74% against 75% for BNP Paribas and Societe Generale...Read Full Story

Sept. 14 (Bloomberg) -- Credit Agricole SA and Societe Generale SA, France’s second- and third-largest banks by assets, had their long-term debt ratings cut one level by Moody’s Investors Service. Owen Thomas and Linda Yueh report on Bloomberg Television's "Countdown." (Source: Bloomberg)Read Full Story

June 30 (Bloomberg) -- Mitul Kotecha, head of global foreign-exchange strategy at Credit Agricole SA, discusses the outlook for the euro amid European efforts to provide a rescue package for debt-laden Greece. He talks from Hong Kong with Linzie Janis on Bloomberg Television's "First Look."Read Full Story

June 30 (Bloomberg) -- Mitul Kotecha, head of global foreign-exchange strategy at Credit Agricole SA, discusses the outlook for the euro amid European efforts to provide a rescue package for debt-laden Greece. He talks from Hong Kong with Linzie Janis on Bloomberg Television's "First Look."Read Full Story

MADRID (MarketWatch) — European stock markets opened mostly flat on Thursday, with banks on the decline, led by shares of Commerzbank AG off 7% after announcing the bank reported results and said it would lift its capital. Credit Agricole SA fell 3.4% and Royal Bank of Scotland Group PLC fell 1.7% as each reported wider losses. The Stoxx Europe 600 index was flat at 264.32. The French CAC 40 index fell 0.1% to 3,441.61 and the German DAX 30 index was flat at 6,848.48. The FTSE 100 index was...Read Full Story