The European Commission has informed Crédit Agricole, HSBC and JPMorgan of its preliminary view that they may have breached EU antitrust rules by colluding to influence the pricing of interest rate derivatives denominated in the euro currency.
A Retail bank leader in France and in Europe, Crédit Agricole is a first-class partner for the economies in which it operates.
JPMorgan and HSBC are said to face a European Union complaint as soon as next month as the bloc’s antitrust chief races to fine a quartet of financial companies that snubbed rate-rigging settlements.
Crédit Agricole Corporate and Investment Bank has announced the appointment of Benoit Fosseprez as Head of Americas GIB (Global Investment Banking).
Bloomberg’s Manus Cranny reports on JP Morgan Chase and two other banks rejecting a European Union deal to end an antitrust probe into the rigging of Euribor lending rates.
French bank Societe Generale plans to cut 375 jobs across Europe in its securities-services business, a staff union said in a newsletter posted online after meeting with management.
Bloomberg's John Dawson takes a look at the top company headlines on Bloomberg Television's 'On The Move Asia'.
Bankers working on the sale of the bulk of Vivendi's stake in Activision Blizzard Inc to the video games maker and its management could earn advisory fees of up to $80m, according to an industry estimate.
Crédit Agricole CIB’s Board of Directors approved a proposal presented by Jean-Yves Hocher, Chief Executive Officer, to appoint the following Deputy Chief Executive Officers:
Investment banking - never has it been so difficult to be outside the top division.
Jean-Paul Mazoyer has been appointed Head of Group Information Technology at Crédit Agricole S.A., reporting to Michel Mathieu, Deputy Chief Executive Officer of Crédit Agricole S.A., as of 11 March 2013.
UBS and Credit Agricole have been deemed by regulators as less important to the global financial system than a year ago and will not have to hold as much extra capital as previously forecast.
The Banker magazine has just released a list of the top banks by Tier One capital. Here's the top 30:
Credit Agricole posted fourth-quarter profit that beat analysts’ estimates on higher earnings at the investment bank and lower provisions for doubtful loans.
Kareem Serageldin, a former senior trader at Credit Suisse, faces the first court hearing this week in what is likely to be many months of legal cases to decide whether he is to be extradited to the US to face multi-million dollar fraud charges.