emporiki bank news
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Credit Agricole Q1 profit rises 51 % on Greek exit
Athens :: Greece | 19 days ago
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French bank Credit Agricole said on Tuesday that its quarterly earnings rose 51 percent, helped by the sale of a Greek unit which had cost it heavily in the year-ago period. Net profit rose to 469 million euros ($612 million) from a pro-forma 311
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Record loss at Credit Agricole
Lisbon :: Portugal | 3 months ago
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Credit Agricole reports record loss Credit Agricole has reported its worst loss since going public in 2001 French bank Credit Agricole has reported a record loss for 2012 after an unexpected tax charge relating to the sale of its Greek business
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Credit Agricole eyes up to 200 million euros in cuts: source
Paris :: France | 4 months ago
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Credit Agricole is working on a cost-cutting plan of 150 million to 200 million euros ($199 million to $266 million) through 2015 at its corporate and investment banking unit, a union source said. The bank's management recently briefed unions on the
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Greece's Alpha in talks with Credit Agricole
Athens :: Greece | 8 months ago
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Greece Greece's Alpha Bank says it is in talks with France's Credit Agricole to buy its Greek unit Emporiki Bank. Alpha said Monday it was in talks to purchase the entire share capital of Emporkiki and that the transaction is expected to be completed
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Cost of Leaving Greece Rises for Credit Agricole
Athens :: Greece | 8 months ago
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Agricole SA will likely have to pour a further 600 million ($779 million) to 700 million into its flailing Greek unit before it will be able sell the subsidiary, according to people from both the private and public sectors with knowledge of the sales
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French Banks Race To Dump Greek Assets
Athens :: NY :: USA | 9 months ago
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France's largest banks are stepping up moves to unload their Greek subsidiaries and sever their unhappy ties to the crisis-hit country -- whose future in the euro zone is still shaky. Societe Generale SA (EPA: GLE), France's second-largest bank, said
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Piraeus in talks to buy SocGen's Greek unit
Athens :: Greece | 9 months ago
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Piraeus Bank is in talks to buy French peer Societe Generale's Greek unit Geniki, a Piraeus source said, as Greece's battered banking sector consolidates to cope with the country's debt crisis. Hammered by a deep recession and rising loan impairments,
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Credit Agricole quarterly profit declines 67%
Paris :: France | 9 months ago
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Credit Agricole SA Chief Executive Jean-Paul Chifflet said Tuesday that he hoped to reach an initial agreement to sell the French bank's Emporiki unit in a few weeks, as losses at the troubled Greek business and write-downs on Italian assets slashed
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Credit Agricole Weighs Offers for Emporiki
Athens :: Greece | 10 months ago
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Agricole said Thursday that it has received binding offers from several Greek banks that are interested in acquiring its Emporiki Bank of Greece unit. The French financial institution said it is assessing the offers and that no strategic decision has
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Credit Agricole says assessing offers for Emporiki
Athens :: NY :: USA | 10 months ago
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Credit Agricole said it was assessing binding takeover offers from several Greek banks for its struggling Greek subsidiary Emporiki, while Greek authorities demanded that it first add substantial capital to prop up the bank. The French bank's
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