Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Credit Agricole Add to portfolio

N100:ACA, Apr 25, 02:37 UTC

Latest N100:ACA News

Filter your feed

Apply Filter

Wednesday, April 17


News

Credit Agricole and Santander to combine custody and asset servicing arms

EURCAD ACA +5 more EURCAD ACA EURCHF EURUSD EURGBP SAN EURAUD

Credit Agricole will own 69.5 percent of the merged unit, which will keep the brand name of Agricole's existing asset management arm - Caceis. Low profitability among European banks has sparked calls from officials at the European Central Bank and investors for cross-border consolidation, but regulatory issues and political opposition to foreign takeovers have stymied deals so far. Santander and Credit Agricole's combined custody operations would make them one of the largest European players behind BNP Paribas, HSBC and SocGen, while also creating a stronger competitor to U.S. leaders such as State Street. "S3 and CACEIS are highly complementary businesses, and by working together we can create a custody and asset servicing platform that leverages our collective scale and global presence, and offers clients a comprehensive service that can support their ambitions and help them to prosper," said Santander Chairman Ana Botin.

Read Full Details

Topics:
  • Business
  • Financial
News

CREDIT AGRICOLE SA : Crédit Agricole S.A. and Santander sign a Memorandum of Understanding to join forces and create a major global player in custody and asset servicing

ACA SAN

The combined CACEIS and S3 businesses would deliver scale and stronger competitive positioning as it benefits from enhanced geographical presence, the full coverage of the value chain and an expanded offering for both existing and new clients. The signature of the final agreements between Crédit Agricole S.A. and Santander requires prior consultation with the relevant works councils. Philippe Brassac, CEO of Crédit Agricole S.A. on the transaction: « The contemplated combination of CACEIS and S3 is yet another illustration of Crédit Agricole`s continued focus on delivering a strong industrial partnership model with a view to creating outstanding platforms across our key business lines. Through offices across Europe, North America and Asia, CACEIS offers a broad range of services covering execution, clearing, forex, securities lending, depositary and custody, fund administration, fund distribution support, middle office outsourcing and issuer services.

Read Full Details

Topics:
  • Business
  • Financial

Sunday, April 14


News

*Logitech Intl S A (LOGI) Stake Maintained by Credit Agricole S A

ACA

Products Ptnrs Limited Liability Company has 0.34% invested in Logitech International S.A. (NASDAQ:LOGI) for 194,522 shs. LOGI is reaching $41.54 during the last trading session, after increased 1.74%.Logitech International S.A. has volume of 178,812 shares. Since April 14, 2018 LOGI has declined 1.02% and is downtrending. According to a filing the Credit Agricole S A’s stake in Xpo Logistics Inc (NYSE:XPO) was decreased by 126,458 shares to 4,356 shares valued at $249,000 in 2018Q4. It manages about $1.77B US Long portfolio. For a total of 2,850 shares it reduced its holding in Pnc Finl Svcs Group Inc (NYSE:PNC) by 64,814 shares in the quarter, and has cut its stake in S&P Global Inc. For more Logitech International S.A. (NASDAQ:LOGI) news released recently go to: Fool.com, Seekingalpha.com, Benzinga.com, Seekingalpha.com or Nasdaq.com.

Read Full Details

Topics:
  • Business
  • Financial
News

Ameriprise Finl INC (AMP) Shares Declined While Credit Agricole S A Decreased Stake

ACA AMP

The stock increased 2.07% or $2.89 during the last trading session, touching $142.54.Currently Ameriprise Financial, Inc. is downtrending after 15.01% change in last April 14, 2018. Credit Agricole S A has risen its stake in Broadcom Inc and also increased its holding in Ubs Group Ag (NYSE:UBS) by 571,898 shares in the quarter, for a total of 1.45M shares. After $3.80 EPS was published last quarter, analysts now see negative EPS growth of -0.79 % for Ameriprise Financial, Inc.. For more Ameriprise Financial, Inc. (NYSE:AMP) news brought out briefly go to: Ft.com, Businesswire.com, Globenewswire.com, Streetinsider.com or Businesswire.com. The titles are as follows: “Uber to list shares on NYSE in blockbuster IPO – Financial Times” brought out on March 21, 2019, “AM Best Assigns Issue Credit Rating to Ameriprise Financial, Inc.’s New Senior Notes – Business Wire” on March 22, 2019, “Factors of Influence in 2019, Key Indicators and Opportunity within MGM Resorts International, Sunrun, TransUnion, Ameriprise Financial, Herman Miller, and Easterly Government Properties — New Research Emphasizes Economic Growth – GlobeNewswire” with a publish date: March 25, 2019, “Australia’s AMP scraps short-term bonuses to avert possible board spill – StreetInsider.com” and the last “Ameriprise Financial Announces Fixed Annuity Reinsurance Transaction with Global Atlantic – Business Wire” with publication date: March 19, 2019.

Read Full Details

Topics:
  • Business
  • Financial

Friday, April 12


News

Ameriprise Finl INC (AMP) Shares Declined While Credit Agricole S A Decreased Its Stake

ACA AMP

State Board Of Administration Of Florida Retirement Sys reported 0.06% in Ameriprise Financial, Inc. (NYSE:AMP). AMP is reaching $142.87 during the last trading session, after increased 2.30%.Ameriprise Financial, Inc. has volume of 13,538 shares. Since April 12, 2018 AMP has declined 15.01% and is downtrending. Credit Agricole S A has risen its stake in Amazon Com Inc (Put) (NASDAQ:AMZN) and also increased its holding in Republic Svcs Inc (NYSE:RSG) by 81,902 shares in the quarter, for a total of 257,174 shares. The titles are as follows: “Ameriprise Financial Announces Fixed Annuity Reinsurance Transaction with Global Atlantic – Business Wire” published on March 19, 2019, “Ameriprise Financial (AMP) to Sell Auto & Home Business to American Family Insurance for $1.05 Billion – StreetInsider.com” on April 02, 2019, “Factors of Influence in 2019, Key Indicators and Opportunity within MGM Resorts International, Sunrun, TransUnion, Ameriprise Financial, Herman Miller, and Easterly Government Properties — New Research Emphasizes Economic Growth – GlobeNewswire” with a publish date: March 25, 2019, “Australia’s AMP scraps short-term bonuses to avert possible board spill – StreetInsider.com” and the last “AM Best Assigns Issue Credit Rating to Ameriprise Financial, Inc.’s New Senior Notes – Business Wire” with publication date: March 22, 2019.

Read Full Details

Topics:
  • Business
  • Financial

Wednesday, April 10


News

Credit Agricole investment bank needs to cut costs, deputy CEO says

ACA

Visit our Privacy Policy to learn more or manage your personal preferences in our Cookie Consent Tool. Xavier Musca, deputy chief executive officer of the French lender, told journalists that there were too many investment banks not sufficiently focused on their business. But Credit Agricole already restructured in 2011 and 2012 to downsize the investment bank to refocus, he said. "We will need to reduce costs, but it will not be a restructuring as announced by others." Societe Generale plans to cut 1,600 jobs, mainly at its corporate and investment banking arm, in an attempt to boost profits after a poor performance last year, France's third-largest bank said on Tuesday. And Mitsubishi UFJ Financial Group is considering scaling back its bond and equity sales and trading operations in London and New York as part of a broader restructuring of its global markets division, two sources said on Tuesday. Musca is also chairman of the board of directors at Amundi, the asset manager mostly owned by Credit Agricole.

Read Full Details

Topics:
  • Business
  • Financial

Tuesday, April 09


News

Credit Agricole bullish EUR/CHF, forecasting higher to year end and beyond

ACA

Credit Agricole bullish EUR/CHF, forecasting higher to year end and beyond. Tue 9 Apr 2019 22:40:43 GMT. Forecasting euro/swiss to 1.17 by the end of 2019 and on to 1.1950 in 2020. euro-zone growth momentum to improve (expect the manufacturing sector to do better). which should boost trade-related capital inflow. Also stable policy differentials (ECB vs. SNB … Swiss National Bank to trail behind the European Central Bank rate outlook by several quarters). SNB have an aggressive policy mix (eg. negative rates, currency intervention if needed), which should weigh on the CHF safe-haven appeal. ForexLive. Top Forex Brokers. Must Read. Technical Analysis. Forex Orders. Central Banks. Got it!

Read Full Details

Topics:
  • Business
  • Financial
News

Ameriprise Finl INC (AMP) Shares Declined While Credit Agricole S A Decreased Stake

ACA AMP

Investors holded 105.41 million in 2018Q3 but now own 105.68 million shares or 0.25% more. 1,367 were accumulated by Rampart Investment Management Limited Liability Co. Srb has 0.05% invested in Ameriprise Financial, Inc. (NYSE:AMP) for 4,517 shs. The institutional investor is holding 57,066 shares, compared to the 87,224 from the previous quarter. And the announced value of the finance company is $5.96M for the 2018Q4. $18.67B is the market cap of Ameriprise Finl Inc. Ticker’s shares touched $137.88 during the last trading session after 0.48% change.Ameriprise Financial, Inc. has volume of 9,147 shares. Since April 9, 2018 AMP has declined 15.01% and is downtrending.

Read Full Details

Topics:
  • Business
  • Financial

Sunday, April 07


News

As Hdfc Bank LTD (HDB) Shares Rose, Holder Credit Agricole S A Trimmed by $4.32 Million Its Stake

ACA

Credit Agricole S A decreased its stake in Hdfc Bank Ltd (HDB) by 41.54% based on its latest 2018Q4 regulatory filing with the SEC. The institutional investor held 59,033 shares of the commercial banks company at the end of 2018Q4, valued at $6.12 million, down from 100,976 at the end of the previous reported quarter. Credit Agricole S A who had been investing in Hdfc Bank Ltd for a number of months, seems to be less bullish one the $90.02B market cap company. Credit Agricole S A, which manages about $1.77B US Long portfolio, upped its stake in Deutsche Bank Ag (NYSE:DB) by 395,867 shares to 895,867 shares, valued at $7.30M in 2018Q4, according to the filing.

Read Full Details

Topics:
  • Business
  • Financial

Saturday, April 06


News

Ameriprise Finl INC (AMP) Stake Decreased by Credit Agricole S A

ACA AMP

Gotham Asset Mngmt Lc holds 0.01% or 4,397 shs in its capital. Based on the latest 2018Q4 regulatory filing with the SEC, Credit Agricole S A decreased its holdings in Ameriprise Finl Inc (AMP) by 34.58%. The stock increased 0.48% or $0.66 during the last trading session, hitting $137.94.Ameriprise Financial, Inc. has volume of 662,458 shares. Since April 6, 2018 AMP has declined 15.01% and is downtrending. According to a filing the Credit Agricole S A’s stake in Technipfmc Plc was upped by 3.66 million shares to 4.14 million shares valued at $81.14M in 2018Q4.

Read Full Details

Topics:
  • Business
  • Financial