Search results
Results from the WOW.Com Content Network
On 18 April 2008, Credit Agricole revealed that it would post $1.2 billion in losses related to subprime mortgage securities. In May 2008 Credit Agricole sought to raise €5.9 billion in equity capital from its shareholders. The shares controversially sold off from €19 to €6 over the successive period as the financial crisis escalated. [44]
In August 2023, Crédit Agricole announced its intent to purchase an 80 percent stake in Degroof Petercam via its subsidiary Indosuez Wealth Management. The remaining 20 percent would remain held by the Cigrang family. By early June 2024, Crédit Agricole held 65 percent of the shares and prepared to launch an offer on an additional 15 percent ...
Crédit Agricole Indosuez (CAI) was created in 1996 with the purchase of Banque Indosuez by Crédit Agricole. Calyon was created in May 2004 by the transfer to CAI of assets from Crédit Lyonnais's Corporate and Investment Banking division. The division was rebranded Crédit Agricole Corporate & Investment Bank (CACIB) in February 2010.
Indosuez Wealth Management is the wealth management arm of the Crédit Agricole group and perpetuates the Indosuez brand, even though it covers a much narrower market segment than Banque Indosuez used to. It is headquartered at 17 rue du Docteur Lancereaux in Paris and has offices in several financial centers, including in Geneva.
Crédit Agricole Carispezia S.p.A. formerly known as Cassa di Risparmio della Spezia S.p.A., or Carispezia in short, is an Italian savings bank, which is part of Crédit Agricole Italia, the Italian arm of French banking group Crédit Agricole. Since 2016, the brand Crédit Agricole Italia was used for the whole banking group.
Calyon Financial was a subsidiary of Calyon specializing in institutional futures and options brokerage, and was also a member of the Crédit Agricole Group.. The company was established in 1987 as Carr Futures, with offices in Chicago, Paris and Singapore.
Amundi's funds are primarily distributed through the banking networks of its majority shareholders: Crédit Agricole, LCL (a subsidiary of Crédit Agricole), Société Générale and Crédit du Nord (a subsidiary of Société Générale), [11] which collectively comprised more than 70% of Amundi's net inflows at inception, with the remainder being drawn from institutional investors.
On July 31, 2013, CITIC Securities acquired the remaining 80.1% of CLSA from Crédit Agricole and CLSA became wholly owned by Citic Securities. Controversies that have hit the firm include the Securities and Futures Commission reprimand in May 2004; Asiamoney “vote-rigging” email in 2005; and Allen Lam insider-trading conviction in July 2009.