2006 - Top 25 Banks By Tier 1 Capital
Here's the list:
Credit Agricole
Second-Tier Investment Banks Face Further Cutbacks
Investment banking - never has it been so difficult to be outside the top division.
European Bank Posts Record $8.68bn Loss
Credit Agricole, France’s third- largest bank by market value, reported a record fourth-quarter loss after writing down goodwill at its Italian and investment- banking businesses.
Featured Deal For CHICAGO
Personalized Children's Music CD at Zshoppers
Your child's voice is music to your ears, and this deal will be music to theirs as the cast of Sesame Street sings directly to your child: • $10 ($20 value) for a music CD featuring 23 personalized Elmo songs by Songs With My Name • Your child's name will be incorporated into the songs and dialogue more than 60 times • With thousands of names to choose from, you can end your child's day on a high note "My 1-year-old daughter loves this cd.
C Suisse Trader Set To Fight Extradition, C Agricole CEO Blasts Trading Curbs, Pictet Confirms Inquiry
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.
Former Traders Face Arrests in Libor Scandal
Gigi Stone reports on headlines making news around the globe.
Banks Said Paying Staff $1,422-a-day to Work on Interest Tare Swap Mis-selling, BofA Paulson Call, Morgan Stanley Hedge Fund Exit, French Banks Investigated
Banks are offering recruits up to £900 a day ($1,422) to work on interest rate swap mis-selling claims.
Citic to Buy CLSA Unit for $1.25 Billion
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.
LIBOR Latest
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'.
London's Libor Probe Spreads to Asia Pacific
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.
A Retail bank leader in France and in Europe, Crédit Agricole is a first-class partner for the economies in which it operates.
Register for Financial Markets News Alerts
Trending Credit Agricole Stories
Surprise, Surprise - The Biggest Bank In The World Is..
BNP Paribas.
Top Firm Continues To Shrink Investment Bank, But Says No More Layoffs
Enough already.
Second-Tier Investment Banks Face Further Cutbacks
Investment banking - never has it been so difficult to be outside the top division.
Who's On The Move - August 30th
Here's the latest on the 'Movers & Shakers' front.