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France's main banking regulator approved a Ђ19.5bn (US$21.2 bn) merger between Credit Agricole and Credit Lyonnais on condition the banks sell branches and halt expansion in certain parts of France. In a statement, the regulator, known as CECEI (Comite des...
#bank#banks#Credit Agricole
The Paris office of Mayer, Brown, Rowe & Maw has recruited a team of corporate lawyers from SG Archibald, a…
A.M. Best Co. has affirmed the financial strength rating of A++ (Superior) of Assurances Generales de France (AGF), France, and…
#acquisition#Allianz#international
The Cabinet on Wednesday approved a proposal to spur business growth in France by tripling tax breaks for investors in…
Christian Rocheteau has been appointed chairman of the board of directors of Gras Savoye Langlois SA, the factoring and credit-insurance…
French bank Credit Cooperatif has acquired a 2 per cent stake in the capital of the national bank that heads…
#bank
Philippe Zamaron, vice-chairman of the board of management at Eurofactor in France spoke to BCR to explain why Eurofactor has…
#insurance#interest rates#management
Eurofactor, the factoring subsidiary of French credit-insurance group Euler & Hermes, has seen its profits plunge into the red, down…
#Allianz#bad debts#interest rates
Jean Philippe Guillaume has been appointed managing director of French factoring company Compagnie Generale d'Affacturage (CGA), which is part of…
The European Commission said it cleared under EU merger regulation the acquisition by Natexis Banques Populaires of control of Compagnie…
#acquisition#European Commission#insurance
Gils Berrous has been appointed chairman of the management board of Factorem, the factoring subsidiary of French banking group Natexis…
#management
Swiss Life/Rentenanstalt said it would acquire the French life insurance operations of Fortis, the Dutch/Belgian financial-services conglomerate, at a price…
The Paris-based credit insurer and international financial services group, Euler, has recorded a dramatic acceleration of the amount of its…