Crédit Agricole Stock News
€15.02
0.54%
Paris, Nov 03, 05:36 pm CET.
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Crédit Agricole Stock News
The French lender posted a rise in its third-quarter profit, helped by a strong performance in investment banking and its asset management unit.
Credit Agricole posts 11% Q3 profit jump as fixed-income trading outperforms peers
DALLAS & NEW YORK & LONDON & TOKYO--(BUSINESS WIRE)--Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star Fund XI, L.P. has signed an agreement to sell IKB Deutsche Industriebank AG (“IKB”), a leading provider of banking services and financing for small- and medium-sized enterprises in Germany, to Crédit Agricole. Founded in 1924 and headquartered in Düsseldorf, IKB spec...
The French lender Credit Agricole on Wednesday laid out plans to expand in Germany with some services for ordinary consumers by the end of October, the latest such push into Europe's largest economy by a big foreign bank.
Shares in Banco BPM rose 2.3% on Friday, slightly outperforming the sector, lifted by the prospect of joint interest for the Italian bank by bigger rival UniCredit and France's Credit Agricole.
Credit Agricole and UniCredit have recently been considering a possible joint move on Banco BPM under a plan that would entail a break-up of the target bank, two people close to the matter said.
France's Credit Agricole , the single biggest investor in Italian lender Banco BPM , is against an offer for BPM by rival bank Banca Monte dei Paschi (MPS) , daily La Stampa reported on Tuesday.
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