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Tag Archives: Credit Agricole

European Banks Debt Crisis: Europe’s C-rated banks catted by Greece

Both Commerzbank and Credit Agricole, #2 & #3 from Germany and France respectively, admitted as much about their exposure to Greece reporting the 2011 figures. CA reported a EUR 3 … Continue reading

February 23, 2012 · 1 Comment

Wells Fargo found the niche JP Morgan voided! | Banking insight

Though in true banking fashion, the new look empathy from the bank already looks going over the cliff. The bank has done an average 33% better than at least JP … Continue reading

January 27, 2012 · 5 Comments

European Banks crisis: RBS, Socgen and StanC complete job cut rigmarole

Socgen caught up on its efforts to create EUR 4 bln in Capital by 2013 with union agreements in home grounds in France to let go 880 people. With another … Continue reading

January 5, 2012 · 2 Comments

Bank of America loses more Ayes

Moody’s just downgraded America’s heritage bank from the A levels to the highest its long term debt the BAA1 rating. That’s down two notches from A2 as the gaping … Continue reading

September 21, 2011

Banks do not want "Debt Deals" with SocGen and Credit Agricole

Even as SocGen and Credit Agricole survived a scare by Moody’s, there downgrade to AA3 and AA2 respectiely was not the most significant action against them. ┬áIn 2011 lenders in … Continue reading

September 15, 2011

Credit Agricole takes Greece in its stride | Advantage zyaada

Dealbook tells us that the first greek confession has happened. Credit Agricole, the French bank, pushed back profit targets for struggling Greek unit Emporiki on Tuesday and will take a … Continue reading

June 22, 2010 · 1 Comment