Facing growing losses from its exposure to Greece (an ill-fated 2006 purchase of Emporiki Bank),...

|By:, SA News Editor

Facing growing losses from its exposure to Greece (an ill-fated 2006 purchase of Emporiki Bank), France's Credit Agricole is again applying for assistance from the Greek central bank. There is little reason, however, to think the BoG will change its stance. Credit Agricole -74% Y/Y.