Report title: Groupe Banque Populaire
from Fitch Research
5 page (4543 word) report published Jun 29, 2009

Price $165.00 available for immediate download
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...Groupe Banque Populaire's (GBP) ratings assume the completion of the merger with Groupe Caisse d'Epargne (GCE) to create "Groupe BPCE" (GBPCE), which will control 20% of the French retail market. While the IDRs are driven by potential support from the state, the Individual Rating reflects GBPCE's large size and impressive domestic franchise, but also the ongoing troubles at Natixis (the wholesale lending, investment banking and specialised services banking subsidiary) and the operational challenges associated with the merger. + ...

Report Type: Credit Update
Company(ies): Groupe Banque Populaire
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