Tag Archives: Credit Agricole

Amundi Acquires German Fintech aixigo to Strengthen Digital Solutions for Wealth Management

(IN BRIEF) Amundi has acquired German fintech company aixigo for €149 million, integrating its modular, API-driven technology platform into Amundi Technology. This acquisition expands Amundi’s digital services for banks and wealth managers, aiming to enhance operational efficiency and personalized financial … Read the full press release

Crédit Agricole Immobilier Strengthens Market Leadership with Acquisition of Nexity Property Management

(IN BRIEF) Crédit Agricole Immobilier has completed its acquisition of Nexity Property Management, a subsidiary specializing in commercial and residential asset management, solidifying its position as the leading institutional property management player in France. This acquisition enhances Crédit Agricole Immobilier’s … Read the full press release

EPI Unveils Wero: A New Instant Payment Wallet Launching in France, Set to Revolutionize European Digital Payments

(IN BRIEF) EPI (European Payments Initiative) has launched Wero, a new instant digital payment wallet in France. This app enables users to send and receive money instantly using just a phone number or email, with transactions processed in less than … Read the full press release

Crédit Agricole Assurances Joins Scope Group to Boost European Financial Sovereignty

(IN BRIEF) Crédit Agricole Assurances has invested in Scope Group, joining other major French financial institutions like AXA and BPCE in supporting Europe’s only independent rating agency accepted by the European Central Bank. This investment is part of broader efforts … Read the full press release

EBRD and GCF Partner with Crédit Agricole Egypt to Boost Small Businesses and Green Investments with $20 Million Loan

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Green Climate Fund (GCF) are providing a $20 million loan to Crédit Agricole Egypt to support small businesses and green investments. This loan includes $3 million of concessional … Read the full press release

European Investors Gain Access to Artwork Trading Through CACEIS-ARTEX Collaboration

(IN BRIEF) CACEIS, a leading cash equity clearing provider in Europe, has expanded its clearing options by connecting to ARTEX Global Markets, a multilateral trading facility (MTF) where shares in iconic artworks are traded. This integration allows broker-dealers, market makers, … Read the full press release

Crédit Agricole’s CA Auto Bank Unveils Comprehensive Sustainability Plan, Targets Electric Mobility Surge by 2026

(IN BRIEF) CA Auto Bank, a subsidiary of Crédit Agricole Personal Finance & Mobility, unveils its ambitious 2024-2026 Sustainability Plan, aiming to drive ethical profits while championing sustainability across its operations. Anchored by four strategic pillars – Sustainable Mobility, Innovation … Read the full press release

CACEIS Enhances Client Services with PRIIPs Reporting via Connect Store Partnership

(IN BRIEF) CACEIS has partnered with Regulatory Technology specialist AlphaOmega to offer a PRIIPs reporting service for clients of its Private Equity Real Estate Solutions business line. Available through the Connect Store, CACEIS’ online marketplace, the service provides clients with … Read the full press release

Indosuez Wealth Management Reveals Investment Outlook for 2024: A Year Full of Opportunities

(IN BRIEF) Indosuez Wealth Management has presented its investment outlook for 2024 during its Global Outlook presentation. As 2023 concludes with decreasing inflation and monetary policy normalization, the year 2024 is expected to offer promising prospects for investors. Key insights … Read the full press release

Crédit Agricole Assurances Expands Partnership with Banco BPM to Become 3rd Largest Non-Life Bancassurer in Italy

(IN BRIEF) Crédit Agricole Assurances has finalized a long-term partnership with Banco BPM to expand the distribution of its non-life, personal protection, and creditor insurance products through Banco BPM’s networks, including online and mobile banking channels. This move aligns with … Read the full press release

Franck Oniga Named CEO of Sofinco as Crédit Agricole Consumer Finance Pursues Growth Strategy

(IN BRIEF) Crédit Agricole Consumer Finance has announced the appointment of Franck Oniga as the Chief Executive Officer of Sofinco and a member of the Group Executive Committee, effective from January 8, 2024. Oniga will report to Stéphane Priami, CEO … Read the full press release

Crédit Agricole S.A. Group and UNI Global Union Strengthen Global Agreement on Employee Rights and Workplace Standards

(IN BRIEF) Crédit Agricole S.A. Group and UNI Global Union have signed a new four-year global agreement that reinforces the group’s commitments to human rights, labor rights, trade union rights, and the development of social dialogue and collective bargaining. This … Read the full press release

Amundi Announces Key Leadership Changes: Aurélia Lecourtier Appointed CFO, Domenico Aiello to Become Deputy CEO of Amundi Italy

(IN BRIEF) Amundi, a prominent asset management firm, has announced key leadership changes slated for November 1, 2023. Aurélia Lecourtier, a former adviser to the Prime Minister and member of the Cour des Comptes, will assume the role of Chief … Read the full press release

Amundi and Sand Grove Capital Launch UCITS Fund for Event-Driven Equity Strategy

(IN BRIEF) Amundi, Europe’s largest asset manager, and Sand Grove Capital Management LLP have unveiled the Amundi Sand Grove Event Driven Fund. This fund, available on the Amundi Alternatives UCITS platform, focuses on a global event-driven equity strategy with a … Read the full press release

Crédit Agricole Partners with Coface to Support International Expansion of Corporate Clients

(IN BRIEF) Crédit Agricole has signed a distribution agreement with Coface to offer credit insurance products to its corporate clients engaged in international trade. The economic slowdown and inflation of the past year have impacted payment behavior, particularly affecting small … Read the full press release

Credit Agricole’s CA-GIP appoints Olivier Biton as CEO

(IN BRIEF) Crédit Agricole Group Infrastructure Platform (CA-GIP) has named Olivier Biton as its new CEO, effective from May 1, 2023. Biton, a member of the Management Committee of Crédit Agricole S.A., will replace Emmanuel Sardet who is appointed Deputy … Read the full press release

Les banques européennes unissent leurs forces pour assurer la souveraineté des paiements avec EPI

(ACTUALITÉ EN BREF) L’Initiative européenne de paiement (EPI) a acquis le système de paiement néerlandais Currence iDEAL et le fournisseur de solutions de paiement luxembourgeois PQI, sous réserve de l’approbation des autorités nationales et européennes. Les actionnaires d’EPI sont des … Read the full press release

Crédit Agricole acquires 30% stake in Michelin-backed Watèa for low-carbon mobility push

(IN BRIEF) Crédit Agricole Leasing & Factoring has finalized its purchase of a 30% stake in Watèa, a company founded by Michelin, to accelerate low-carbon mobility in Europe. The partnership aims to support the transition to a low-carbon economy and … Read the full press release

Crédit Agricole Consumer Finance acquires FCA Bank and renames it Crédit Agricole Auto Bank

(IN BRIEF) Crédit Agricole Consumer Finance has renamed its newly-acquired FCA Bank as Crédit Agricole Auto Bank. The acquisition comes as a powerful lever for the bank to support its clients in environmental and energy transitions in the automotive industry. … Read the full press release

Eni Strengthens Commitment to Sustainable Development with New Programme for Suppliers

(IN BRIEF) Eni, an energy company, has launched a new digital and sustainability-related model for its suppliers called the Sustainable Supply Chain Finance Programme. The programme allows Eni suppliers to receive advance payments from financial partners, such as Crédit Agricole … Read the full press release