Credit Lyonnais reduced its exposure to Asia's most crisis-affected countries by 42 per cent last year, underlining the retreat by foreign banks from the region.
- Wed
- Jun 19, 2013
- Updated: 11:35pm
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Mainland companies have begun voluntarily reducing their foreign-currency debts to avoid the mistakes of Asian businesses crippled by such borrowings, according to a Credit Lyonnais executive.
Credit Lyonnais Securities Asia (CLSA) is not one of the assets that troubled French bank Credit Lyonnais must sell under a bailout agreement with the European Commission, CLSA chief Gary Coull...
Credit Lyonnais' operations in Vietnam have been suspended from trading in foreign exchange futures for one month over trading errors worth less than US$2,300.
EUROPEAN banks put on an unprecedented display of unity yesterday in a bid to ease mounting pressure on South Korea to meet its short-term debt payments.
Credit Lyonnais, through its Hong Kong branch, has assembled a group of banks to sell floating-rate certificates of deposit (FRCDs), joint book-runner HSBC Markets says. Credit Lyonnais is also a...
Hysan Development Co's plans to issue $2 billion in floating rate notes have moved a step closer with 10 international banks committed to underwrite the issue.
Credit Lyonnais says the group's net profit, excluding minority interests and after provision for payments to the state, were 67 million French francs (about HK$100.03 million).
CREDIT Lyonnais Finance (Guernsey) says it has guaranteed 750 million call warrants for 1994-96 to buy 75 million existing issued ordinary shares in Henderson Investment at 20 cents per share....
The Shenzhen B-share market saw a turnaround yesterday with turnover increasing to HK$6.25 million and the index up .5 per cent.
China Vanke was the star performer of the day, with...
CREDIT Lyonnais has announced the issue of 300 call million warrants on Henderson Investment at 20 cents a warrant.
Dealing of board lots of 10,000 warrants is expected to begin on...
FOREIGN investors returned to the Shenzhen exchange yesterday, lifting the recently moribund turnover to HK$7.9 million.
Trading on China Bicycle reached $2.4 million, boosted by a...
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