All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

Crédit Agricole to build in bonds but exit equity derivs, commodities

Distribution and serving major clients in a climate of increasing disintermediation is the focus of the new strategy at Crédit Agricole’s corporate and investment bank, announced on Thursday. The changes, presented by the bank as an "adjustment plan", will result in the loss of 1,750 jobs, about 13% of the division. Some 550 of the job losses will be in France.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree