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)
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.
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Lossmaking Emporiki unit contributes to 75 per cent decline in quarterly net profits at France’s third-biggest bank
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Crédit Agricole hit by Greek exposure is a...
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