Credit Agricole

A Retail bank leader in France and in Europe, Crédit Agricole is a first-class partner for the economies in which it operates.

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Credit Agricole gets capital boost as profit climbs

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Credit Agricole reported a sharp rise in its core capital ratio to 12.4 percent, as the bank took advantage of higher profits and a sale of a stake in investment company Eurazeo to beef up its financial position.

Standard Charted spooks markets

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Standard Chartered roiled credit markets in Europe on Tuesday, when the bank broke with convention by saying it wouldn’t buy back its junior bonds at the first opportunity.

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Credit Agricole gets capital boost as profit climbs

Credit Agricole reported a sharp rise in its core capital ratio to 12.4 percent, as the bank took advantage of higher profits and a sale of a stake in investment company Eurazeo to beef up its financial position.

Latest Other News In Brief

Bloomberg reports that income from AIG's alternative investments group (basically its private equity and hedge fund business) fell 84% from $1.22bn a year ago to just $197m in the first quarter. AIG posted a $7.81bn first-quarter loss last week.

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Credit Agricole gets capital boost as profit climbs

Credit Agricole reported a sharp rise in its core capital ratio to 12.4 percent, as the bank took advantage of higher profits and a sale of a stake in investment company Eurazeo to beef up its financial position.