Credit Agricole

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Law360, New York (May 29, 2012, 6:51 PM ET) -- The trustee recovering for victims of Bernard L. Madoff's Ponzi scheme on Friday filed two clawback lawsuits against Credit Agricole SA, Northern Trust Corp. and Barfield Nominees Ltd. that could garner nearly ...  

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Fortune CLSA Securities Ltd. said Monday it will soon start offering securities broking services in China's Yangtze River Delta region and providing Chinese-language research and investment advice to Chinese clients, after China's securities regulator ...  

Newedge moves to cut Greece exposure4-tradersNewedge, a broker owned by French banks Credit Agricole (>> CREDIT AGRICOLE) and Societe Generale (>> SOCIETE GENERALE), has told clients it will do no new business in Greece, in the latest sign trading houses are preparing for the country leaving the ...Newedge calls it a day in Greecesecurities lending timesNewedge to leave Greek stock marketFinancial Timesall 13 news articles »  

FRANKFURT (dpa-AFX) - Die Deutsche Bank hat die Einstufung für Credit Agricole auf 'Hold' mit einem Kursziel von 4,00 Euro belassen. Nach den jüngsten Ereignissen in Griechenland nähmen die Marktsorgen über einen möglichen Ausstieg des Mittelmeerstaates aus der Eurozone zu, schrieb Analystin Flora Benhakoun in einer am Montag...  

LONDON May 24 (Reuters) - Euroclear named Marc Antoine Autheman, a former Credit Agricole banker, to replace Sir Nigel Wicks as chairman in January as the settlement firm gears up for reforms to promote competition in the sector for the first time.  

BOSTON & PARIS, May 24, 2012 (BUSINESS WIRE) -- Orchestra Networks(TM), the Master Data Management (MDM) software vendor, today announced that Credit Agricole S.A. Group selected its EBX5 solution to manage its master data. Orchestra Networks is ...  

CAMBRIDGE, Mass., May 10, 2012 /PRNewswire/ -- Zipcar, Inc. (Nasdaq: ZIP), the world's leading car sharing network, today announced it has renewed its asset backed securitization (ABS) program with Credit Agricole Corporate and Investment Bank.  First announced in May 2010 and...  

The loss risk of a Greek exit would be an estimated 5.2 billion euros for Credit Agricole, 2.9 billion for BNP Paribas and 400 million euros for Societe Generale, according to Natixis analyst Alex Koagne. Credit Agricole, which has the biggest ...  

PARIS May 22 (Reuters) - Credit Agricole has renewed a request for the Greek Central Bank to grant its Emporiki unit access to a liquidity facility which has been made available to some other local banks, the French bank's chief executive said ...  

Credit Agricole has renewed a request for the Greek Central Bank to grant its Emporiki unit access to a liquidity facility, which has been made available to some other local banks, the French bank's chief executive said on Tuesday. Jean-Paul ...  

* Bank has suffered 6 bln eur in Emporiki-related losses * Shares are down 31 pct this year (Adds background, detail) PARIS May 22 (Reuters) - Credit Agricole has renewed a request for the Greek Central Bank to grant its Emporiki unit access to ...  

Loans up 4.1% YoY in Q1, deposits up 8.1% YoY in Q1    (Regional Banks and LCL) €20bn in new loans originated in France by Regional Banks and LCL in Q1 Crédit Agricole Group* in Q1-2012 Revenues: €9.1bn, up 1.3% YoY in Q1, down 2.7% excluding ...  

Credit Agricole upgraded salesforce.com (NYSE: CRM) from Outperform to Buy, price target raised from $160 to $180. For an analyst ratings summary and ratings history on salesforce.com click here. For more ratings news on salesforce.com click here.  

French bank Credit Agricole SA (ACA.FR) is in favor of banning all speculative activities in the country, Chief Executive Jean-Paul Chifflet said Tuesday speaking to shareholders.  

PanARMENIAN.Net - Credit Agricole SA, France’s third- largest bank by market value, said first-quarter profit dropped 75 percent, hurt by Greek losses. The bank slumped as much as 4 percent in Paris trading after reporting net income of 252 million euros ...  

Credit Agricole, like BNP Paribas (BNP) and Societe Generale, is cutting investment-banking jobs and assets as the debt crisis curbs access to funding in dollars and regulators impose stricter capital rules. Credit Agricole reduced its funding ...  

"The government has voted for a phaseout because we want to ensure a secure and autonomous supply of energy," Energy Minister Doris Leuthard said that day at a press conference in Bern. "Fukushima showed that the risk of nuclear power is too ...  

French bank Credit Agricole reported a steeper-than-expected 75 percent drop in quarterly profit on Friday as it took 940 million euros ($1.22 billion) in Greece-related write-downs, the latest blow from its ill-fated Emporiki acquisition. First-quarter ...  

We are pleased to continue to work with Credit Agricole CIB to renew our ABS facility on more attractive terms to help cover our 2012 fleet expansion at a competitive financing rate," said Zipcar CFO Ed Goldfinger.  "The relationship between ...  

French bank Credit Agricole reported a steeper-than-expected 75 percent drop in quarterly profit on Friday as it took 940 million euros ($1.22 billion) in Greece-related write-downs, the latest blow ...  

Egypt’s benchmark EGX30 Index (EGX30) rose 1.4 percent to 5,083.26 at the 2:30 p.m. close in Cairo, the highest since March 22. The following shares were active on the Egyptian Exchange. Stock symbols follow company names. Credit Agricole ...  

a drag on profits since its purchase in 2006, would have to take new hits on loans to state-controlled entities as part of the 130 billion-euro international bailout of Greece. Credit Agricole took a 567 million-euro charge for Emporiki and an ...  

He declined to elaborate. On Friday, the ratings agency Fitch said it would place all countries in the 17-nation eurozone on watch for a possible downgrade should Greece drop the shared currency. An exit would "break a fundamental tenet" of the ...  

INR is trading at "attractive fundamental levels," says Credit Agricole, in rare positive call amid a recent slew of analyst warnings about the currency. Rupee has seen significant REER depreciation over the past eight months, which should allow ...  

AFP - Credit Agricole SA bank, one the biggest banks in Europe by capitalisation, reported a 75.0-percent drop in first quarter net profit on Friday, hit by its exposure to the Greek debt crisis. The bank reported a net profit for the first ...  

PARIS: Credit Agricole SA bank, one of the biggest banks in Europe by capitalisation, reported a 75.0-percent drop in first quarter net profit on Friday, hit by its exposure to the Greek debt ...  

Credit Agricole injected roughly 2 billion euros into Emporiki in early January. Chief Executive Jean-Paul Chifflet said in February the bank was looking to cut its funding exposure to the bank by a variety of means including access to central bank funding.  

In Greece, Emporiki's results were once again hurt by the PSI and the worsening business environment. The Core Tier 1 ratio improved 80 basis points sequentially to 9.4 percent, due primarily to the significant decline in risk-weighted assets.  

Credit Agricole SA (ACA), France’s third- biggest bank by market value, may face a loss of as much as 9.1 billion euros ($12 billion) on its Emporiki Bank division in a Greek exit from the euro, Credit Suisse Group AG analysts said.  

Credit Agricole SA (ACA.FR), France's third-largest bank by market capitalization, is in talks with China's Citic Securities for the sale of its Hong-Kong based brokerage business CLSA, the two companies said Thursday.  

PARIS May 11 (Reuters) - France's third-largest bank, Credit Agricole, on Friday is expected to report a decline in quarterly profit as it writes down more of its exposure to Greece and sees lackluster retail lending growth. The lender ...  

Shares of Sohu.com (NASDAQ: SOHU) ticked lower Tuesday afternoon following a late-day downgrade from a Credit Agricole analyst. The firm now rates the stock an Outperform, down from Buy previously. The price target was raised from $59.55 to $60 even.  

Credit Agricole SA, France’s third- largest bank by market value, said first-quarter profit dropped 75 percent, hurt by Greek losses. Net income fell to 252 million euros ($326 million) from 1 billion euros a year earlier, the bank ...  

The Grameen Credit Agricole Microfinance Foundation (GCAMF), which was founded in Luxembourg by French bank Credit Agricole and Grameen Trust of Bangladesh, has reported to MicroCapital that it has issued a loan of USD 1.25 million with a three-year term and a one-year grace period to Hattha Kaksekar Limited (HKL), a Cambodian microfinance institution (MFI). [...]  

Credit Agricole's main private banking arm is betting aggressively on global equities and also prefers private equity investments to meet the demand of its entrepreneurial client base, its chief investment officer said in an interview.  

The request to seize the shares in Premafin Finanziaria SpA (PF) was made by Milan prosecutor Luigi Orsi as part of his probe into market manipulation by the company’s founder Salvatore Ligresti, according to court documents obtained by Bloomberg News.  

Credit Agricole's noted banking analyst Mike Mayo just downgraded shares of Bank of America (NYSE: BAC) from Underperform to Sell early Friday morning. The analyst maintains an $8 price target. BofA shares are up nearly 0.6 percent to $8.82 at last check.  

Martin Fraenkel, head of commodities, and Benjamin Mellul, head of interest rate derivatives, that year received 890,000 pounds and 1.3 million euros ($1.7 million) respectively. Snelson found that Willems’s bonus was discounted by about 10 percent.  

Credit Agricole Targets Higher Investment Bank RevenueWall Street JournalBy Noemie Bisserbe Of DOW JONES NEWSWIRES PARIS (Dow Jones)--Credit Agricole SA (ACA.FR) aims to lift corporate and investment banking revenue by originating loans and selling them to investors, following in the footsteps of its local peers as French ...Credit Agricole's Investment Bank Seeks EU5.4 Billion in RevenueBloombergall 3 news articles »  

Susquehanna's James Friedman boosted his price target on the stock from $57 to $68 while Credit Agricole's Craig Maurer raised his target from $60 to $70. Susquehanna maintains a Positive rating on AmEX shares; Credit Agricole maintains a Buy. Track all ...  

Credit Agricole SA (ACA.FR), France's third-largest bank by market capitalization, said Thursday it completed the sale of its private equity business to investment fund Coller Capital for an undisclosed amount. "Coller Capital now holds 100% of Credit ...  

PARIS (Dow Jones)--Credit Agricole SA (ACA.FR), France's third-largest bank by market capitalization, is in talks with China's Citic Securities (600030.SH) for the sale of its Hong-Kong based brokerage business CLSA, the two companies said Thursday.  

PARIS (Dow Jones)--Credit Agricole SA (ACA.FR), France's third-largest bank by market capitalization, said Thursday it completed the sale of its private equity business to investment fund Coller Capital for an undisclosed amount. "Coller Capital ...  

Following the deal, CLSA will retain its independent management structure. Credit Agricole Corporate & Investment Bank unit will maintain its financial, business and operational support to CLSA during the transition phase and will maintain close ...  

Credit Agricole SA (ACA), France’s third- biggest lender, and hedge fund Magnetar Capital LLC were sued by an investor in a collateralized debt obligation that claims to have been defrauded. Intesa Sanpaolo SpA (ISP) said in a complaint filed ...  

according to Credit Agricole data. Sales of the notes fell after the European Central Bank pumped more than $1 trillion of three-year loans into the euro- region financial system through its longer-term refinancing operation. “Sales of covered ...  

Credit Agricole does not break out Cheuvreux's results in its earnings, instead including it in a "capital markets and investment banking" business line which reported a fourth-quarter operating loss of 106 million euros ($139 million).  

Embattled banking giant Bank of America Corp (BAC) on Friday caught a big downgrade from analysts at Credit Agricole. The firm cut its rating on BAC from “Underperform” to “Sell” with an $8 price target, suggesting a 9% downside to the ...  

The following companies’ shares may have unusual moves in European (SXXP) trading. Stock symbols are in parentheses. Brisa-Auto Estradas de Portgual SA (BRI PL): Shareholders with a combined 50 stake of Portugal’s biggest toll-road operator ...  

had “first contacts” with investors including insurance firms to share and sell new corporate loans, according to the presentation. As part of its asset-cutting plan, Credit Agricole’s corporate and investment bank in December announced ...  

PARIS, March 29 (Reuters) - Credit Agricole said on Thursday that it is now in talks to sell all of its CLSA brokerage brand to China's largest listed brokerage, Citic Securities, instead of just the 19.9 percent stake sale agreed last year.  

Credit Agricole SA (ACA)’s corporate and investment bank and Citic Securities Co. are starting new discussions to allow Citic to buy the remaining 80.1 percent stake in brokerage unit CLSA, the companies said in an e-mailed statement today.  

Credit Agricole said it was working on contingency plans in case Greece abandoned the euro, joining a growing list of European financial firms and businesses to signal they were preparing for all possible outcomes.  

PARIS (Dow Jones)--Credit Agricole SA (ACA.FR), France's third-largest bank by market capitalization, is in talks with China's Citic Securities for the sale of its Hong-Kong based brokerage business CLSA, the two companies said Thursday.  

a unit of Credit Agricole SA said Thursday it is in talks to sell 100% of its Asian brokerage arm CLSA to Citic Securities Co. (600030.SH), adding, however, that its European equity brokerage Cheuvreux unit is no longer part of the deal.  

MICHAEL Torckler not only survived the longest and most gruelling stage of the Tour of Borneo but was also relentless in ensuring the yellow jersey stayed on his back, virtually sealing the overall victory after finishing second to Genesys Wealth Advisers' Nathan Earle in the 214.8 kilometre Stage Four from Sepilok to Kundasang yesterday.  

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"Credit Agricole is... in a situation where it needs to raise capital, and the sale of CLSA is rather welcome from this point of view," KBW analyst Jean-Pierre Lambert said. "For Citic, buying CLSA makes sense and they have the means.  

Credit Agricole Grands Crus is to take an 18% stake in one of Bordeaux's largest wine companies, Vignobles Andre Lurton, which will pass out of 100% private ownership for the first time.  

Shares of the Cairo-based lender, closed at 9 Egyptian pounds on Sunday on the Egyptian Stock Exchange. (Reporting by Aditi Sharma in Bangalore; Editing by Joyjeet Das)  

Credit Agricole SA (ACA.FR), France's third-largest bank by market capitalization, said Thursday it completed the sale of its private equity business to investment fund Coller Capital for an undisclosed amount.  

ANTHONY Giacoppo registered the Genesys Wealth Advisers team's second straight victory as Stage Three of the Tour of Borneo from Lahad Datu to Sandakan ended with the tour's first massed bunch sprint yesterday.  

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NATHAN Earle registered Genesys Wealth Advisers' third victory of the year when he surged ahead of a breakaway group of 19 riders to bag Stage Two of the Tour of Borneo from Tawau to Lahad Datu yesterday.  

French bank Credit Agricole reports worse-than-expected three month results, depressed by more write-offs of Greek debt.  

French bank Credit Agricole said first-quarter profit dropped by 75 per cent, hurt by Greek losses.  

RBI moves will boost supply of foreign currencies in market as exporters will now have to sell, says Credit Agricole.  

PURE Black Racing needed "to push the panic button" to save Michael Torckler's overall lead in the 112.4km final stage of the Tour of Borneo from Kundasang to Kota Kinabalu yesterday.  

Sir Chris Hoy tells BBC Sport he "wasn't as up for it" as much as earlier in the year after finishing behind Jason Kenny in the World Track Cycling sprint in Melbourne.  

Credit Agricole, China's Citic In New Talks For Sale Of Hong-Kong Based CLSA  

British Cycling performance director Dave Brailsford refuses to reveal his sprint selection strategy for Sir Chris Hoy and Jason Kenny.  

Laura Trott wins omnium gold for Britain as Jason Kenny beats Sir Chris Hoy on his way to sprint silver at the World Track Cycling.  

Lizzie Armitstead believes a win at this weekend's Tour of Flanders could strengthen her case for Olympic road cycling selection.  

Sir Chris Hoy believes Philip Hindes' switch from Germany to the GB track cycling team could boost their Olympic medal hopes.  

British Cycling and Team Sky boss Dave Brailsford says David Millar will be selected for the Olympics if he is fast enough.  

Sprinter Matt Goss will be the main rider for Aust cycling team Orica-GreenEDGE at the Grand Tour debut.  

Will WorldTour team sponsorship also be lengthened?