EU court quashes Crédit Agricole fines

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

EU court quashes Crédit Agricole fines

CACIB_Adobe_575x375
Bordeaux , Aquitaine / France - 10 15 2019 : Credit Agricole sign logo on bank agency facade store office | Sylvain Robin/OceanProd - stock.adobe.com

Crédit Agricole won an appeal against the European Central Bank on Wednesday against fines levied against the treatment of some of its instruments as common equity tier one (CET1) because the central bank had provided “inadequate reasons” for penalising the French lender.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article