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On 18 April 2008, Credit Agricole revealed that it would post $1.2 billion in losses related to subprime mortgage securities. In May 2008 Credit Agricole sought to raise €5.9 billion in equity capital from its shareholders. The shares controversially sold off from €19 to €6 over the successive period as the financial crisis escalated. [44]
Crédit du Nord started in Lille in 1848. After buying a number of small banks, it was, in turn, acquired by Paribas between 1972 (35% owned) and 1988 (100% owned) but remained run as a separate network.
Centre-Val de Loire (/ ˌ v æ l d ə ˈ l w ɑː r, ˌ v ɑː l-/; French pronunciation: [sɑ̃tʁə val də lwaʁ], [Notes 1] lit. ' Centre-Loire Valley ' ) or Centre Region (French: région Centre , [ʁeʒjɔ̃ sɑ̃tʁ] ), as it was known until 2015, is one of the eighteen administrative regions of France .
Caisse d'Epargne building in Rambouillet, with tribute to group The two main co-founders Delessert and La Rochefoucauld-Liancourt. The first French savings bank (French: Caisse d'Épargne) was created in Paris in 1818 by a group of financiers, social reformers and philanthropists that included Benjamin Delessert, Jean-Conrad Hottinguer, Joseph Marie de Gérando, Jacques Laffitte, the François ...
The Société générale de crédit industriel et commercial was founded on 7 May 1859, mainly on the initiative of banker Armand Donon who was supported by the politically influential Duke of Morny, as a competitor to the Pereire brothers's Crédit Mobilier on the model of successful British depository banks such as the London and Westminster Bank.
Indre is a department in central France and is part of the region of Centre-Val de Loire. The capital and largest town in the department is Châteauroux. To the north of Indre lies Loir-et-Cher, to the east Cher, to the south lies Creuse and Haute-Vienne, to the southwest lies Vienne, and to the northwest lies Indre-et-Loire. Most of the ...
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The Regional Council of Centre-Val de Loire (French: conseil régional du Centre-Val de Loire) is a deliberative assembly composed of 77 councillors, elected to six-year terms. As a whole, the body represents the region of Centre-Val de Loire, France. The current president of the council is François Bonneau of the Socialist Party (PS). [1]