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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]
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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.
In 2001, Brassac became the Deputy Chief Executive Officer of the new Crédit Agricole Provence Côte d'Azur, a merger of the three caisses regionales: Caisse Regionale Alpes Maritimes, Caisse Regionale des Alpes de Haute-Provence and Caisse Regional du Var. [2] He pursued his career at the Federation Nationale du Crédit Agricole in 2003 and ...
François Pérol was the architect of the creation of Groupe BPCE, which he subsequently led for nearly a decade. Before moving to the Tours Duo in 2022, Groupe BPCE and Natixis were headquartered respectively on 50 and 30, Avenue Pierre-Mendès-France [] in Paris, flanked on both ends by office buildings of the Caisse des dépôts et consignations.
LCL S.A. is a major French banking network that is part of the Crédit Agricole group, with registered office in Lyon and administrative head office in Paris, France. [2] It was established in 2005 from its predecessor the Crédit Lyonnais , and its name LCL refers to " L e C rédit L yonnais".
The Confédération nationale de la mutualité, de la coopération et du crédit agricole (CNMCCA) (English: The National Confederation of Reciprocity, Co-operation and Agricultural Credit) gathers the various components of the French agricultural mutualist and co-operative movement:
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.