Gigi Stone reports on headlines making news around the globe.
A Retail bank leader in France and in Europe, Crédit Agricole is a first-class partner for the economies in which it operates.
And so on it goes.
Banks are offering recruits up to £900 a day ($1,422) to work on interest rate swap mis-selling claims.
There's not a lot left of the plan George Osborne had for the economy when he arrived at the Treasury in May 2010. Growth is lower, borrowing higher, the hopes of pre-election tax cuts dashed.
Citic Securities Co., China’s largest brokerage by market value, said it agreed to buy Credit Agricole SA’s CLSA unit for $1.25 billion.
Credit Agricole said on Thursday it had not been accused of any wrongdoing related to the attempted manipulation of benchmark lending rates by Barclays, adding it had responded to requests for information from 'various authorities'.
Traders at Deutsche Bank, HSBC, Societe Generale and Credit Agricole are under investigation for interest-rate manipulation in a global probe that led to more than $450m in fines for Barclays Plc last month, a person with knowledge of the matter said.
Here we go again.
Some you win....
Here's a few links to some interesting Bloomberg, CNBC, MarketWatch, New York Times and Reuters stories currently doing the rounds.
Some you win....
Here's the list:
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.
Wolfgang Matejka, founder of Matejka & Partner Asset Management, discusses Credit Agricole SA's second-quarter profit reported today and investment strategy.
The Wall Street Journal reports that several families of Carr Futures employees who lost their lives in the September 11th terrorist attacks are upset with the firm as they have been asked to give back part of the life insurance monies they received following the death of their loved ones.
Reuters reports that Bear Stearns has settled a 2002 case with US regulator the Securities and Exchange Commission in which five salespeople were accused of issuing unauthorized faxes and e-mails containing sales materials about future offerings ahead of regulatory approval declaring them effective.
Fox Business Network reports that AIG has put its logo back on staff business cards - the logo was removed a couple of years back after staff were harassed following the company's $182bn bailouts.
Here's the 10 largest European M&A deals of the last five years. Data provided by M&A intelligence and research service mergermarket.