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Crédit Agricole S.A., a leading European banking group and key supporter of the French economy, is set to redeem EUR 1.5 billion in senior notes. The bank's net banking product is diversified across finance, retail banking, asset management, and specialized financial services, with significant operations in France and Europe. By the end of 2024, it managed EUR 868.1 billion in deposits and EUR 548.1 billion in credits.
Morgan Stanley Investment Management has announced a portfolio management change for the Morgan Stanley China A Share Fund, Inc. In other news, Indian equities continued to rise, driven by gains in banks and energy stocks, while Citigroup adjusted its price target on Morgan Stanley to $125, maintaining a neutral rating. Additionally, Morgan Stanley raised its GDP growth forecast for China in 2025.
Crédit Agricole S.A., a leading European banking group, plays a crucial role in financing the French economy. Its Net Banking Product is diversified across retail banking (30.1%), finance and investment (30.1%), wealth management (25.9%), and specialized financial services (13.9%). By the end of 2023, the group managed EUR 835 billion in deposits and EUR 516.3 billion in loans, with a significant geographical presence in France (46%) and other regions.
The Biden-Harris administration is distributing $27.98 million for clean energy workforce development through the Energy Auditor Training Grant Program, funded by the Bipartisan Infrastructure Law. This initiative aims to enhance energy efficiency and create job opportunities across 15 State Energy Offices and the American Samoa Territorial Energy Office, focusing on both commercial and residential sectors. Selected programs will provide training and certification for energy auditors, promoting economic mobility and sustainability.
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credit agricole announces redemption of 1.5 billion euros in senior notes
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