by bondevalue | May 10, 2021 | Banks, Financial Institutions
French lender Credit Agricole reported a net income rise of 64% YoY €1.05bn ($1.27bn), helped by a significant decrease in provisioning to €384mn ($467mn) down 38% YoY. Group level net income stood at €1.75bn ($2.1bn), up 93% YoY. Their capital markets and investment...
by bondevalue | Apr 22, 2021 | Banks, Financial Institution Bonds, Financial News
France’s second largest bank’s Italian business, Credit Agricole Italia (CAI) received majority support for its $1bn acquisition of rival Creval after upping its offer. The acquisition will further strengthen the French bank’s presence in Italy. CAI...
