Agricole

The European Banking Authority said Crédit Agricole doesn't need to raise more capital to meet new requirements because the capital exercise was conducted on the holding company Groupe Crédit Agricole, which is cash rich.

Crédit Agricole in Vast Retreat Noémie Bisserbe 2011

However, the bank drew a distinction between Crédit Agricole SA and Groupe Crédit Agricole, which is the holding company of the listed business.

Crédit Agricole Sells Private Equity Unit Inti Landauro 2011

Agricole, which is chiefly exposed to Greece through its Emporiki Bank of Greece S.A. unit, has also said that it could cope with losses on Greek bonds.

French Bank Shares Rally Digby Larner 2011

Credit Agricole, which is expanding in Italy under Chief Executive Officer Jean-Paul Chifflet, took a 1.24 billion-euro charge as it reclassified its stake in Milan-based Intesa as a financial asset.

BusinessWeek.com -- Top News 2011

"Macro and financial conditions remain more than stressed, and we believe that this could be the opportunity for the ECB to get ahead of the curve," said Mitul Kotecha, strategist at Credit Agricole, which is tipping a 50-basis point cut.

WSJ.com: What's News US 2011

Crédit Agricole said it plans to focus on winning new customers for its retail banking business in France and abroad, and streamline and share resources across the group, including in IT systems and procurement.

Crédit Agricole Says Net Profit to Grow Fivefold Elena Berton 2011

The bank's parent, Crédit Agricole Group, in December signaled a similar return to its roots, having made a push into investment banking and international expansion over the past several years.

Crédit Agricole Says Net Profit to Grow Fivefold Elena Berton 2011

Crédit Agricole reported net profit of €1.26 billion $1.75 billion in 2010 after taking a hit from a large write-down on its 4.79% stake in Italy's Intesa Sanpaolo.

Business Watch 2011

"We've got five buybacks this week and no coupon supply, so with the absence of any other news, you just have to go up," said David Keeble , global head of interest-rate strategy at Credit Agricole.

Bank Lending Goes Long on High Quality Katy Burne 2011

In Paris, Crédit Agricole slipped 1.3% and BNP Paribas lost 1% amid concern over their exposure to Greek debt.

European Stocks Pull Back From Losses Michele Maatouk 2011