These Technical Notes on France explain integration of global financial markets. The stress tests for the France Financial Sector Assessment Program (FSAP) were designed to yield as comprehensive and detailed a picture as possible within the constraints of the approach. Retail activity by foreign banks in France is small, but significant. The financial landscape in France remains characterized by a large number of idiosyncrasies that affect monetary transmission. Macroeconometric models point to a smaller reaction to monetary policy in France than in other large euro-area economies.About a third of its leasing activities are abroad, and it is involved in property management across Europe. SociActAc ... CrAcdit Agricole was traditionally a domestically-oriented bank, but acquired first Indosuez, a medium-sized, ... shareholdings in several banks abroad, most importantly in Greece, Italy, Poland, and Portugal.
|Title||:||France: Financial Sector Assessment Program--Technical Notes--Stress Testing Methodology and Results; Integration Into Global Financial Markets;and Public Intervention in Financial Markets--Obstacles to Monetary Transmission|
|Author||:||International Monetary Fund|
|Publisher||:||International Monetary Fund - 2005-06-08|