Credit Agricole to Recapitalize LCL by EUR1.2 Billion -Le Monde
February 23 2018 - 10:54AM
Dow Jones News
--Credit Agricole (ACA.FR) is set to inject 1.2 billion euros
($1.48 billion) into LCL to meet the European Central Bank's
requirements to recapitalize its French retail subsidiary, reports
Le Monde.
--LCL said it will be subject to new capital regulatory rules
from June 2018, according to Le Monde.
Full story: http://lemde.fr/2FrKoQo
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(END) Dow Jones Newswires
February 23, 2018 10:39 ET (15:39 GMT)
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