Crédit Agricole is seeking a postive impact on its Core Tier One ratio by taking an increased share in Amundi from co-owner Société Générale, while disposing of its half of the jointly owned brokerage business Newedge Group.
Market conditions could be combining to make 2013 a great vintage for Italian growth capital investing. Amy King reports from the unquote” Italia Private Equity Congress in Milan
Crédit Agricole has agreed to sell its Greek banking arm Emporiki to Alpha Bank AE for €1, following six-years of consecutive losses from the firm, severely hit by the sovereign-debt crisis.
Multi-asset brokerage and clearing house Newedge has appointed Ghislaine Mattlinger as group chief financial officer (CFO) and member of the Newedge Executive Committee.
Credit Agricole is getting closer to exiting the Greek market as the French lender confirmed it is assessing takeover offers from several Greek banks for its subsidiary Emporiki.
Greece is only being kept in the euro to enable banks in northern Europe to retrieve money they have in the stricken nation, said Old Mutual's Christine Johnson.
Brokerage and clearing company Newedge has developed its clearing facilities for interest rate swaps (IRS), in partnership with Societe Generale Corporate & Investment Bank and Crédit Agricole Corporate and Investment Bank.