The Solvency II Directive, in force since 1 January 2016, enables French institutional investors to expand their securities lending activities. CACEIS provides customised, secure and legally-sound solutions so that mutual insurance societies, pension providers and insurance companies can benefit from the performance opportunities offered by the securities lending market.
STRATEGIC AMBITION 2020:
An ambitious Medium Term Plan combining prudence and performance
A reaffirmed universal customer-focused banking model
A customer-focused development plan in response to the digital revolution
Priority on organic growth and strong synergy development
An important cost reduction plan
An investment programme commensurate with our ambitions
Bénédicte Chrétien has been appointed Head of Group Human Resources of Crédit Agricole SA, reporting to Crédit Agricole SA's Deputy Managing Director in charge of Operations and Transformation. Bénédicte Chrétien's appointment will take effect on 14 March 2016. She will join the Executive Committee.
P101, a venture capital firm specialising in investments in digital and technology-driven companies, has appointed CACEIS in Italy as depositary and administrator for its Programma 101 SICAF S.p.A., the first third-party managed SICAF authorised by the Bank of Italy.
Laurent Bennet has been appointed Head of Agriculture, Agrifood and Business Services, reporting to Crédit Agricole S.A.'s Deputy Managing Director in charge of the Development, Client and Innovation function. His appointment will take effect on 14 March 2016, and he is joining the expanded Executive Committee.
CACEIS has completed the migration of all Crédit Agricole Assurances portfolios to its new central European accounting platform. This operation represents €250 billion in assets administered on behalf of the Crédit Agricole Assurances group and is part of its strategy to align its accounts with GAAP and IFRS standards.
Crédit Agricole solidity confirmed
Very strong results driven by the performances of all business lines,
allowing for a 60 euro cent dividend (+71%)
One of the most solid banking groups in Europe in terms of solvency
(fully loaded CET1 of Crédit Agricole Group: 13.7%; of CASA: 10.7%)
A major project aimed at simplifying Crédit Agricole S.A.’s structure,
improving transparency and capital quality …
… and paving the way for an ambitious Medium Term Plan
focused on organic growth and profitability improvement
Bertrand Corbeau has been appointed Deputy Managing Director of Crédit Agricole S.A. in charge of Development, Client and Innovation, starting on 4 April 2016. He will replace Olivier Gavalda, who has been appointed CEO of the Crédit Agricole de Paris et d'Ile-de-France Regional Bank.
Pascal Célérier is to be appointed Deputy Managing Director of Crédit Agricole S.A. in charge of Operations and Transformation. He will replace Michel Mathieu, Deputy Managing Director in charge of Retail Banking Subsidiaries, who has been in charge of Operations and Transformation on an interim basis. Mr Célérier's appointment will take effect on 4 April 2016 and he will join the Executive Committee.
The management company, Haas Gestion, has selected CACEIS as the global Asset Servicing partner for its first Luxembourg UCITS SICAV with multiple sub-funds, named “HAAS UCITS”, through which the ABSOLUTE ALL ROADS sub-fund was launched on 5th January.
Crédit Agricole Private Banking, one of the world’s leading international wealth managers, announces that its operations across Europe, the Middle East, Asia-Pacific and the Americas will henceforth be united under a new organisational structure and a unique worldwide brand Indosuez Wealth Management, which will become the global wealth management brand of Crédit Agricole group.
On 21 December 2015, CA Consumer Finance – the Crédit Agricole group subsidiary specialised in consumer credit – and Banco Popolare signed a double refinancing and distribution agreement regarding Agos.
©2016 Crédit Agricole