#credit-agricole

[ follow ]
#climate-risk #banking-regulation #ecb-enforcement #unicredit #banco-bpm #takeover #italian-court-ruling
fromThe Local France
2 weeks ago

ECB fines French bank for climate risk failures

The European Central Bank said Friday it had fined French bank Credit Agricole €7.55 million ($9 million) for failing to properly identify climate change-related risks that could affect its balance sheet. "Credit Agricole did not sufficiently assess the materiality of its climate-related and environmental risks" by a deadline set after an investigation in 2024, the ECB said in a statement, adding the bank was late by "75 full days".
France news
E-Commerce
fromFortune Europe
7 months ago

UniCredit to take 'timely' steps on BPM after court ruling

UniCredit will assess its steps regarding Banco BPM after a court ruled on government-imposed conditions.
[ Load more ]