credit agricole

Credit Agricole seeks $7.72 billion in new capital

PARIS -- Credit Agricole said Thursday it plans to sell $7.72 billion worth of assets and named a new leader at its investment bank. The French bank, shaken by the global credit crisis, will also seek $9.1 billion in new capital.

Agricole to sell assets, restructure Calyon

PARIS (Reuters) - Credit Agricole SA (CAGR.PA), France's biggest retail bank, will sell assets and restructure its Calyon investment banking arm, it said on Thursday as it confirmed a 5.9 billion euro ($9.1 billion) rights issue.

Agricole to sell assets, restructure Calyon

PARIS (Reuters) - Credit Agricole (CAGR.PA), France's biggest retail bank, said on Thursday it would sell assets and restructure its Calyon investment banking arm as it confirmed a 5.9 billion euro ($9.1 billion) rights issue.

C.Agricole to raise $9.1 bln after writedown

PARIS (Reuters) - France's biggest retail bank, Credit Agricole (CAGR.PA), announced a 5.9 billion euros ($9.1 billion) rights issue to shore up its capital after further writedowns at its Calyon investment bank, sending its shares down sharply.

C.Agricole fourth-quarter loss worse than forecast

PARIS (Reuters) - Credit Agricole SA, France's biggest retail bank, posted a fourth-quarter loss on Wednesday after large writedowns due to the global credit crunch and said it was not planning any major acquisitions.

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