In 2006, the French bank Crédit Agricole bought the Greek bank Emporiki 2800000000?, At the tip of a bull market for bank takeovers. Six years, a major financial crisis, and 5.2 million in losses later, in a context of great uncertainty in the European banking sector, which should make the decision on Crédit Agricole Emporiki? Through the example of European cross-border acquisition if the Greek banking system looks like before and during the crisis of the previous Greek sovereign debt, Greece’s efforts and the main actors in the European financial system to prevent the country has struggled to having to leave the euro zone and the possible scenarios for Greek banks in mid-2012.
by
Dante Roscini,
Daniela Beyersdorfer,
Jérôme Lenhardt
Source: Harvard Business School
33 pages.
Date Posted: November 20, 2012. Prod #: 713055-PDF-ENG
Persephone Pomegranate? Case Crédit Agricole and Emporiki solution
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