|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||15.29 - 15.35|
|52-week range||11.12 - 15.62|
|PE ratio (TTM)||14.06|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
A rally in European stocks picked up pace on Thursday as services growth data for the euro zone confirmed a strengthening economy was bolstering corporate activity. The euro zone's STOXX 50 had its best ...
Montrouge, 26 December 2017
Crédit Agricole S.A. and its subsidiary, Crédit Agricole Cariparma SpA, have announced that as all preconditions have been met for the acquisition of a 95.3% stake in the equity of each of three savings banks in Cesena (Cassa di Risparmio di Cesena SpA), Rimini (Cassa di Risparmio di Rimini SpA) and San Miniato (Cassa di Risparmio di San Miniato SpA) from the "Schema Volontario" section of Italy's Interbank Deposit Insurance Fund (the "Schema Volontario"), the transaction was completed today. Prior to the completion of the transaction, the Schema Volontario increased the capital of the target banks to bring their fully-loaded CET1 ratios into compliance with Crédit Agricole Group criteria.
European stocks rallied to a week's high on Friday as Britain and the European Union announced a breakthrough in Brexit negotiations and new global banking regulations appeared kinder to European banks ...
What was considered best avoided in European currencies and bonds a year ago is just what’s topping 2018’s hottest picks.
European stocks declined Wednesday, enduring a second straight loss, as Credit Agricole SA was a decliner among bank shares.
Credit Agricole said its third-quarter net profit recorded a double-digit fall, which had been expected because of a tough comparable during the same period in 2016.
Credit Agricole (CAGR.PA) reported a fall in third-quarter profits as its markets trading and French retail banking arms struggled. France's second-biggest listed bank continued to narrow its business focus over the quarter and tried to woo investors with more acquisitions in Italy - one of its key markets along with France - while selling most of its holding in non-strategic assets in Egypt. Financial market trading was a dark spot for the bank, as has been the case with many of its rivals, with revenue from capital markets dropping 28 percent compared with a year ago, when it was boosted by higher market activity due to Brexit.
Credit Agricole SA’s slump in third-quarter trading revenue rivaled that of Societe Generale SA as the French lender paid for its focus on bond markets.
French bank Credit Agricole's (CAGR.PA) Indosuez Wealth Management arm has agreed to buy a majority stake in Italy's Banca Leonardo, in a deal which it said would add 5.9 billion euros (5.20 billion pounds) to its assets under management. Indosuez Wealth Management said it had reached an agreement with Banca Leonardo's main shareholders - GBH S.p.A., Exor S.A., Eurazeo, Swilux S.A., and Torreal S.A. - to buy 67.7 percent of Banca Leonardo.
European shares rose on Monday, with Germany's DAX touching a new record high and Spain's IBEX its highest for a week, as political risk concerns over Catalonia eased a day after a demonstration in Barcelona ...
Credit Agricole's (CAGR.PA) chief, Philippe Brassac, has expressed interest in Commerzbank (CBKG.DE) if the German lender were to be up for sale, according to an interview with the Handelsblatt newspaper. Brassac was quoted as saying that he would like the French bank to be better positioned in Germany, as it is in Italy. Credit Agricole's strategy plan states that it will focus on organic growth until 2019.
Credit Agricole (Swiss: ACA.SW - news) is to move its European government bonds trading platform from London to Paris in September 2017, a spokeswoman for the bank told Reuters. "To achieve critical mass, Credit Agricole CIB has decided to concentrate its euro flow rates market making capabilities in Paris," said the spokeswoman. "Therefore the European government bonds trading platform currently based in London will be relocated, as of September 2017, to Credit Agricole CIB in Paris where it will be positioned at the heart of our euro swaps, repo and inflation focused activities," she said.
European shares broke their three-day winning streak on Thursday as banks fell following a set of cautious minutes from the U.S. Federal Reserve, and energy stocks also weighed on a busy day for company ...
European equities turned positive after a damp start on Tuesday as strong gains in utilities, auto and energy stocks outweighed losses from Pandora after disappointing results. Investors pointed to strong ...
French stocks outperformed upbeat European indices on Monday following a convincing parliamentary victory for President Emmanuel Macron, while banks rebounded following upgrades and retailers recovered ...
French stocks outperformed upbeat European indices on Monday following a convincing parliamentary majority for President Emmanuel Macron, while banks bounced following upgrades and the retail sector recovered ...
European shares ended higher on Wednesday in another session dominated by earnings, as French lender Credit Agricole led banking stocks to a three-week high. The pan-European STOXX 600 index rose 0.3 percent ...