ECB fines France’s Credit Agricole over capital reserves

By |avgust 20th, 2018|Basel Committee, Crédit Agricole, ECB, News, single supervisory mechanism (SSM)|

The European Central Bank announced on Monday (20 August) that it had fined French lender Credit Agricole a total of €4.8 million over past irregularities in the way it declared its capital reserves, Reuters reports.