Credit Agricole SA(CRARF)- OTCPK - Current
  • Jan. 9, 2015, 7:54 AM
    • More than half of the €7.5B in newly issued Santander (NYSE:SAN) stock was purchased by U.S. investors, reports the FT, with about 25% bought by U.K. owners.
    • The bank issued 1.214B shares at £6.18 each as new executive chairman Ana Botin quickly broke ranks with her late father's strategy just four months after replacing him atop the company.
    • The ADRs are lower by 4.5% premarket after yesterday's 7% decline.
    • Now that Santander has joined Deutsche Bank in raising capital, analysts turn their attention to the next dominoes. High on the list: BNP Paribas (OTCQX:BNPQY), Societe General (OTCPK:SCGLY), Credit Suisse (NYSE:CS), Commerzbank (OTCPK:CRZBY), and Credit Agricole (OTCPK:CRARY).
    | Jan. 9, 2015, 7:54 AM | 24 Comments
  • Jan. 7, 2013, 4:04 AM
    Credit Agricole (CRARF.PK) leads major European banks higher, rising 4.7% after regulators ease Basel liquidity rules, followed by Deutsche Bank (DB) +4.3%, Unicredit (UNCFY.OB) +4.3% and Barclays (BCS) +3.7%. Also, SocGen (SCGLF.PK) +3.4%, HSBC (HBC) +0.75%, Lloyds (LYG) +1.9%, Santander (SAN) +2%, RBS (RBS) +1.5%, UBS (UBS) +2% and Credit Suisse (CS) +3.4%. Italy's Banca Monte dei Paschi di Siena (BMDPY.PK) +15%.
    | Jan. 7, 2013, 4:04 AM
  • Jan. 23, 2012, 6:45 AM

    European banks shoot higher this morning on reports of a Franco-German push to weaken bank capital rules. In Paris, Societe Generale +7.9%, Credit Agricole +5.5%, AXA +2.8%. Premarket U.S.: Deutsche Bank +3%, UBS +1.8%, RBS +1.2%, ING +1.5%, Lloyds +1%.

    | Jan. 23, 2012, 6:45 AM | 1 Comment
Company Description
Currently, there's no company description for CRARF.
Sector: Financial
Industry: Money Center Banks
Country: France