More from these Authors

• Case | HBS Case Collection | 2012

  Persephone's Pomegranate: Crédit Agricole and Emporiki

  Dante Roscini, Daniela Beyersdorfer and Jerome Lenhardt

  In 2006 the French bank Crédit Agricole bought the Greek Emporiki bank, for €2.8 billion, at the peak of a bull market for bank takeovers. Six years, a major financial crisis, and €5.2 billion of losses later, in a context of great uncertainty in the European banking sector, what decision should Crédit Agricole take regarding Emporiki? Through the example of this European cross-border acquisition the case looks at the Greek banking system before and during the unprecedented Greek sovereign debt crisis; the efforts of Greece and the main actors of the European financial system to prevent the embattled country from having to exit the Euro zone; and the potential scenarios for Greek banks in mid-2012.

  Keywords: Business and Government Relations; Currency; Development Economics; International Finance; International Relations; Banking Industry; Greece;

  Citation:

  Roscini, Dante, Daniela Beyersdorfer, and Jerome Lenhardt. "Persephone's Pomegranate: Crédit Agricole and Emporiki." Harvard Business School Case 713-055, November 2012.

  CiteView Details

  Related

• Case | HBS Case Collection | 2011 (Revised from original 2009 version)

  Esser & Ackermann at Mannesmann

  Henry B. Reiling, Lena G. Goldberg, Christopher Bruner and Kevin Wall

  Citation:

  Reiling, Henry B., Lena G. Goldberg, Christopher Bruner, and Kevin Wall. "Esser & Ackermann at Mannesmann." Harvard Business School Case 209-095, November 2011. (Revised from original January 2009 version.)

  CiteView DetailsPurchase

  Related

• Teaching Note | HBS Case Collection | 2011 (Revised from original 2011 version)

  Esser & Ackermann at Mannesmann (TN)

  Lena G. Goldberg and Henry B. Reiling

  Teaching Note for 209095.

  Citation:

  Goldberg, Lena G., and Henry B. Reiling. "Esser & Ackermann at Mannesmann (TN)." Harvard Business School Teaching Note 211-071, January 2011. (Revised from original January 2011 version.)

  CiteView DetailsPurchase

  Related