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PR News Wire (Free subscription) | 11/25/2009
Jean-Yves Hocher, Deputy CEO of Credit Agricole S.A., says: "We are facing major challenges within the rapidly changing European landscape. By discussing a partnership with Equens to become the pan-European card and payment processor, we will be able to combine expertise, technology, in-depth knowledge and the processing of several billion transactions to serve our network. This is fully in...
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Red Orbit (Free subscription) | 11/25/2009
PARIS and UTRECHT, The Netherlands, November 25 /PRNewswire/ -- Based on a common vision of strategic developments in the European card and payment processing sector, Crédit Agricole S.A.
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Bloomberg (Free subscription) | 16 hours ago
... AG, Bank of America Merrill Lynch and Banque Saudi Fransi, the Saudi lender partly owned by Credit Agricole SA, say Abu Dhabi is likely to bail out Dubai rather than risk driving investors from the region because of a default. “I’m not desperately worried that we’re going to go into some death spiral,” said , who helps manage about $11 billion in emerging-market stocks at Schroders Plc in...
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Philadelphia Inquirer (Free subscription) | 18 hours ago
... reopen today."There is concern," said John Sfakianakis, chief economist at the Banque Saudi Fransi-Credit Agricole Group, based in Riyadh, Saudi Arabia. "They're trying to take preventive measures in order to lower the risk of a run on the local banks."The UAE has been guaranteeing bank deposits since October 2008, but the pledge for new help at generous terms stems from concern that UAE...
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Denver Post (Free subscription) | yesterday
... said John Sfakianakis, chief economist at the Riyadh, Saudi Arabia-based Banque Saudi Fransi-Credit Agricole Group. "They're trying to take preventive measures in order to lower the risk of a run on the local banks." The UAE has been guaranteeing bank deposits since October 2008, but the pledge for new help at generous terms stems from concern that UAE banks have some of the biggest exposure...
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365daynews.Com (Free subscription) | yesterday
... said John Sfakianakis, chief economist at the Riyadh, Saudi Arabia-based Banque Saudi Fransi-Credit Agricole Group. “They’re trying to take preventive measures in order to lower the risk of a run on the local banks.” “Depositors could very well panic … and they could decide to take their money out of the banking system,” he added. The UAE has been guaranteeing bank deposits since October...
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Star Tribune (Free subscription) | yesterday
... said John Sfakianakis, chief economist at the Riyadh, Saudi Arabia-based Banque Saudi Fransi-Credit Agricole Group. "They're trying to take preventive measures in order to lower the risk of a run on the local banks. Depositors could very well panic ... and they could decide to take their money out of the banking system."The UAE has been guaranteeing bank deposits since October 2008, but...
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kansascity.com (Free subscription) | yesterday
... said John Sfakianakis, chief economist at the Riyadh, Saudi Arabia-based Banque Saudi Fransi-Credit Agricole Group. "They're trying to take preventive measures in order to lower the risk of a run on the local banks."
"Depositors could very well panic ... and they could decide to take their money out of the banking system," he added.
The UAE has been guaranteeing bank deposits...
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The Huffington Post (Free subscription) | 11/28/2009
... good and the bad," said John Sfakianakis, chief economist at Saudi-based Banque Saudi Fransi-Credit Agricole Group. "Right now we're still seeing the impact of this, and the impact will be that everybody is being negatively perceived," Sfakianakis said. In Dubai and in other Gulf nations, rulers keep tight control over information on their fiscal standing and dealmaking even...
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cyclingnews.com (Free subscription) | 11/27/2009
Florent Brard has decided to quit professional racing, effective immediately. The Frenchman, who this year rode for Cofidis but did not get any results, was unable to secure a contract again for next season. After a possibility to sign with Astana failed, Brard has decided to retire and even cancelled his participation in the cyclo-cross race of Ormes this Saturday, which he was scheduled to race....
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Institutional Financial Derivatives (Free subscription) | 11/26/2009
FT – When, at the beginning of 2008, Antoine Castel took control of the fixed-income unit in Beijing of Calyon , the investment banking arm of Crédit Agricole, the world’s biggest banks were making fat profits in China’s nascent derivatives markets. But just weeks into his new job at the French bank, Mr Castel watched in horror as Chinese companies began to lose billions of dollars on the bespoke...
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MSNBC.com: Middle East and North Af (Free subscription) | 11/28/2009
... — the good and the bad," said John Sfakianakis, chief economist at Saudi-based Banque Saudi Fransi-Credit Agricole Group."Right now we're still seeing the impact of this, and the impact will be that everybody is being negatively perceived," Sfakianakis said.In Dubai and in other Gulf nations, rulers keep tight control over information on their fiscal standing and dealmaking even as they...
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MSNBC.com (Free subscription) | 11/28/2009
... — the good and the bad," said John Sfakianakis, chief economist at Saudi-based Banque Saudi Fransi-Credit Agricole Group."Right now we're still seeing the impact of this, and the impact will be that everybody is being negatively perceived," Sfakianakis said.In Dubai and in other Gulf nations, rulers keep tight control over information on their fiscal standing and dealmaking even as they...
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MSNBC.com: Top MSNBC Headlines (Free subscription) | 11/28/2009
... — the good and the bad," said John Sfakianakis, chief economist at Saudi-based Banque Saudi Fransi-Credit Agricole Group."Right now we're still seeing the impact of this, and the impact will be that everybody is being negatively perceived," Sfakianakis said.In Dubai and in other Gulf nations, rulers keep tight control over information on their fiscal standing and dealmaking even as they...
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Baltimore Sun (Free subscription) | 11/28/2009
... — the good and the bad," said John Sfakianakis, chief economist at Saudi-based Banque Saudi Fransi-Credit Agricole Group."Right now we're still seeing the impact of this, and the impact will be that everybody is being negatively perceived," Sfakianakis said.In Dubai and in other Gulf nations, rulers keep tight control over information on their fiscal standing and dealmaking even as they...