Credit Agricole

Whatever it did, it wasn’t illegal. That’s its story and it’s sticking to it. Read more »

  • 11 Jul 2013 at 10:59 AM
  • Banks

The Holiday Inn Amsterdam? Quelle Horreur!

They appear (to Crédit Agricole bankers) to be a violation of the Declaration of the Rights of Man and the Universal Declaration of Human Rights, but the bank’s got some tough new rules: Read more »

  • 12 Dec 2012 at 2:40 PM

Layoffs Watch ’12: Crédit Agricole

Zee French are considering some sackings in the new year. Read more »

  • 13 May 2010 at 2:29 PM

More Subpoenas for Big Banks, This Time from Cuomo

After filing suit earlier this week against Ivy Asset Management for feeding pension fund money to Bernie Madoff, NY Attorney General Andrew Cuomo is turning his attention back to the big banks, which will obviously score many more political points when he runs for governor in November.

The latest probe from Cuomo involves the banks’ efforts to mislead the ratings agencies on structured products. His office is looking into whether Moody’s, S&P and Fitch tinkered with their models so banks could get higher ratings on CDOs and other products.

Subpoenas recently went out to Goldman Sachs, Morgan Stanley, UBS, Citigroup, Credit Suisse, Deutsche Bank, Crédit Agricole and BofA/Merrill Lynch, according to the New York TImes. Read more »