TITLE

Report: CL faces $7.5 bil loan write-off

AUTHOR(S)
Farrell, Pia
PUB. DATE
January 1995
SOURCE
Hollywood Reporter;1/12/95, Vol. 335 Issue 29, p22
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that Credit Lyonnais will need to write off several billions of dollars in bad loans in yet-to-be-released results for the second half of 1994. Sources of bad loans; Need for the French government to step in and help the bank.
ACCESSION #
9508025114

 

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