Credit Agricole

Credit Agricole, the French bank giant which ended its commercial presence in Greece around three years ago when it sold Emporiki Bank to Alpha Bank, is returning to Greece, this time as a major shareholder in Alpha Bank. Alpha Bank,...

Credit Agricole SA Tuesday said first-quarter net profit jumped 51%, as the French bank draws a line under its disastrous foray into Greece, and slims down its investment bank to cope with Europe's sovereign-debt crisis. "Credit Agricole is now in...

With Greek banks still reeling from big losses imposed by the government in a desperate bid to write down its staggering $460 billion debt, shareholders at Eurobank have voted to accept a buyout offer from the National Bank of...

Greece’s four biggest banks have reported they were so battered by losses imposed by a previous government on investors that they will need a 27.4 billion euros ($36.29 billion) injection as they try to stem more losses as the...

Crédit Agricole SA said Wednesday it will sell its Greek banking arm Emporiki to Alpha Bank for €1 ($1.31), and said its bottom line would take a hit of €2 billion as a result of the sale. The deal will...

France's Credit Agricole (CAGR.PA) is expected to pick Alpha Bank (ACBr.AT) as the preferred bidder for its ailing Greek unit Emporiki Bank, a banking source close to the talks said on Sunday. "They picked Alpha as the preferred bidder," the...

French bank Credit Agricole is in talks to sell its Greek Emporiki Bank unit and has received interest from three local lenders, the Financial Times reported, in the latest sign French banks are drawing back amid ongoing instability on...

French bank Credit Agricole (CAGR.PA) is considering walking away from its Greek Emporiki Bank unit and letting it fail if Greece leaves the euro zone, the Wall Street Journal reported on Wednesday, citing a person with direct knowledge of...

Credit Agricole SA, the foreign bank with the biggest risks in Greece, reached an accord with Greek authorities that will let its unit in the country access emergency funding should the need arise, two people with knowledge of the...