BLOOMBERG Countdown February 17, 2016
It is countdown. Anna lets get to caroline hyde. She has the details for the creditagricole numbers. Caroline this company has desperately been trying to restructure itself. O in place. New ce in large part, a majority is owned by regional banks. It does own stakes in regional banks itself. They have agreed to sell back these stakes and regional banks. They will finance at themselves and lend money to those regional banks to the tune of 11 billion euros. They are trying to give all caps dividends back to their investor base. The take away here is they are threeg back stakes for regional banks....