CDC and CNCEP in joint venture

clock •

FRANCE - Financial services groups Caisse des Depots et Consignations and Caisse Nationale des Caisses d'Epargne et de Prevoyance have teamed up to create EULIA, a joint venture specialising in asset management, insurance and retail banking.

The necessary legal steps and asset transfers for the establishment of the joint venture will be achieved by the end of 2001. The partnership, dubbed ‘the Alliance’, may consider acquisitions or...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on France

France

Alcatel-Lucent funding status drops into the red

FRANCE - Alcatel-Lucent reported a pension and other post employment benefit (OPEB) deficit of €1.2bn ($1.7bn) in the third quarter down from an overfunding of €49m at the end of June.

Raquel Pichardo-Allison
clock 04 November 2011 •
France

FRR's funding ratio drops

FRANCE - The Fonds de reserve pour les retraites' funding ratio fell to 132%, dropping 11 percentage points from June's value due to decreasing interest rates on 10-year bonds.

Jaishree Kalia
clock 21 October 2011 •
France

Global SWFs discuss contributions to global growth

FRANCE - Global sovereign wealth funds with over $9trn in assets are meeting to discuss ways to boost global economic growth, including the potential use of new financial instruments like "loyalty shares" or "capital access bonds".

Jaishree Kalia
clock 18 October 2011 •
Trustpilot