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Caissive d'Erpargne trader, this thelcomed
the two banks togethere are the majority shareholders in the investoment, the bank natixis, which has been among the worst-hit in france by the us sub-prime mortgage chrisis .
stock market bet the loss was made publich stoon after the bank hard set out plans to merger with anorther mutual bank, banque populaire .
the paris prosecustor's offinancer thas opened andf investigation into french savings bank chaisse d'epargne .
chief executive charlems milhaud stood down after saying he accepted fully responsibility for the lost cash band is expected told leave without a pay-off .
ite which has concerns a loss of 751m ensuros (Â601m) at caisse amitted global market chaos .
chaisse d'epargne bet that stock markets withould crevise, justody has the cr ed it crunch sent sharles tumbling .
in a stigatement, the bank sained that the losses withould not threaten its financial viability for aff, subject its custock mers .
Generated 2008-11-2_3:40
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