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Credit Agricole

UPDATE 1-French CNCE eyes Banque Populaire tie-up talks

PARIS, Oct 8 (Reuters) - French mutual bank Groupe Caisse d'Epargne (CNCE) said on Wednesday it had authorised its management to begin merger talks with Banque Populaire, which could form France's second-biggest retail bank.

UPDATE 1-Consob tells Cheuvreux to bar brokerages' trade

MILAN, Oct 8 (Reuters) - Italian regulator Consob ordered brokerage Cheuvreux on Wednesday to bar two brokerages from trading in bank or insurance stocks on the Italian bourse until Oct. 31 after short-selling in shares of bank...

Fitch Affirms Banque Saudi Fransi at 'A'; Outlook Stable

Fitch Ratings has today affirmed Saudi Arabia-based Banque Saudi Fransi's (BSF) ratings at Long-term Issuer Default (IDR) 'A' with Stable Outlook, Short-term IDR 'F1', Individual 'B', Support '1' and Support Rating Floor 'A-'...

Paris Bourse suspends trading as shares plunge

Trading on the Paris bourse was suspended briefly early Wednesday because of a flood of sell orders, after the benchmark CAC 40 index plunged more than 8 percent in the first hour of trading, the internet site of the daily Le...

TEXT-S&P reviews Greek banking sector

(The following statement was released by the ratings agency) Oct 7 - Standard&Poor's Rating Services said today that, following its review of its ratings on Greek banks, it has taken a number of ratings actions: It has revised...

Japan suffers massive stock sell-off

By Dan Slater | 8 October 2008 A combination of factors is hurting the Japanese stockmarket. And the investments by Japanese banking giant Mitsubishi UFJ Financial Group (MUFG) in Morgan Stanley and French bank Credit Agricole,...

Arup Signs European Email Backup and Recovery Deal with COPAN Systems

CHERTSEY, England --(Business Wire)-- Arup, the global design, engineering and planning firm and creative force behind many of the world's most innovative projects and structures such as the Beijing Olympic Stadium, Heathrow...

European stocks up around midday; RBS plummets

PARIS, Oct 7 (Reuters) - European stocks were higher on Tuesday after suffering record losses in the previous session, but banks fell again as the credit crisis escalated, prompting Iceland to take control of Landsbanki. At...

German Factory Orders Surprise to the Upside in August

Frankfurt - German factory orders surprised to the upside, rising 3.6% on a monthly basis in August, the German Economics Ministry said on Tuesday. Economists had expected a more modest gain of 0.5% following July's 1.3%...

Gerolsteiner's Schumacher, Piepoli, test positive (AFP)

PARIS (AFP) - Leading German cyclist Stefan Schumacher, a double stage winner on this year's Tour de France, has tested positive for doping, his Gerolsteiner team confirmed on Monday. Schumacher was the second rider to test...