Petits-fils, France's second-largest private homecare network for elderly people in loss of autonomy, a subsidiary of the Korian Group, is entering a new stage in its regional development through a partnership agreement with the Crédit Agricole Group to support its future franchisees in their financing efforts.300 agencies by 2025 - around 20,000 personal service jobs created
Crédit Agricole Assurances announces the signing of an agreement with Novo Banco for the acquisition of 25% of GNB Seguros, a non-life insurance company in Portugal. Crédit Agricole Assurances thus increases its stake to 100% of the capital of GNB Seguros.
On 7 October 2020, Crédit Agricole S.A. took advantage of favourable market conditions to launch its second issuance of AT1 notes denominated in EUR (the “Notes”), its first EUR AT1 notes having been issued in April 2014. The new Notes were issued to maintain the Crédit Agricole Group’s high flexibility in the management of its Tier 1 capital.
Amundi, the founding shareholder of Fund Channel, announces the buyout of BNP Paribas Asset Management's 49.96% stake in Fund Channel to become once again the sole shareholder of the fund distribution platform by the beginning of 2021, subject to regulatory approval.
This far-reaching initiative is aimed at providing a standardised and sovereign architecture based on Blockchain technology so as to favour the economic development of the automotive industry through the sharing and monetization of vehicle data, while complying with the General Data Protection Regulation (GDPR). A call is being made to all the stakeholders in the automobile sector (manufacturers, equipment makers, maintenance and repair networks, insurers, banks, institutions, etc.) to join in this unprecedented innovation initiative in Europe. A white paper describing this collaborative approach is available for download.
CACEIS, the leading European asset servicing group, has been selected to service the new MED Platform I fund run by ArchiMed, a Private Equity firm specialising in the Healthcare industries. The mandate covers depositary bank, custody, middle-office, fund accounting and financing services for the MED Platform I fund, which reached a €1bn final close.
Crédit Agricole SA today announces the launch of a share offering reserved for employees of the Crédit Agricole group, worldwide.
Amundi, Europe’s largest asset manager, and BOC Wealth Management, a subsidiary of the Bank of China, announce that their new joint-venture in China, Amundi BOC Wealth Management Company Limited (“the Company”), has received its license from the China Banking and Insurance Regulatory Commission and is now ready for opening. The Company will start its operations from October. It will be the first foreign majority-owned company in China allowed to design and offer wealth management products.
Crédit Agricole Assurances has launched CSolidaire, a programme designed to facilitate employee engagement in initiatives of public interest. This platform forms a part of its patronage policy and responds to employees’ desire to become more involved in actively serving society.
Crédit Agricole Corporate & Investment Bank (Crédit Agricole CIB) announces today the completion of the disposal of the 4.0% stake it still held in the capital of Banque Saudi Fransi (BSF) in respect to which all regulatory approvals have been obtained.
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