Crédit Agricole Corporate and Investment Bank
Company type | Limited-liability company |
---|---|
Industry | Finance and Insurance |
Founded | May 1, 2004 |
Headquarters | Campus Evergreen, Montrouge |
Key people | Philippe Brassac (Chairman) Xavier Musca (CEO) Jean-François Balaÿ, Deputy CEO Olivier Bélorgey, Deputy CEO Pierre Gay, Deputy CEO |
Products | Financial services |
Number of employees | 8,940 |
Parent | Crédit Agricole |
Website | www |
Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB), known as Crédit Agricole Indosuez from 1996 to 2004 and as Calyon from 2004 to 2010, is the corporate and investment banking entity of the Crédit Agricole banking and financial services group, based in Montrouge near Paris, France.
Crédit Agricole CIB is active in a broad range of capital markets, investment banking and financing activities. Clients are primarily corporates, governments, and banks, with a small footprint in the investor segment.
History
[edit]Crédit Agricole Indosuez (CAI) was created in 1996 with the purchase of Banque Indosuez by Crédit Agricole. Calyon was created in May 2004 by the transfer to CAI of assets from Crédit Lyonnais's Corporate and Investment Banking division. The division was rebranded Crédit Agricole Corporate & Investment Bank (CACIB) in February 2010.
In September 2022, Xavier Musca has been appointed CEO of CACIB, in replacement of Jacques Ripoll[1]
This article may rely excessively on sources too closely associated with the subject, potentially preventing the article from being verifiable and neutral. (June 2024) |
Business Lines
[edit]Its activities are arranged into eight major divisions: Client Coverage & International Network, Debt Optimization & Distribution, Global Investment Bank, Global Markets Division, Structured Finance, International Trade & Transaction Banking, Sustainable Banking and niche activities (Islamic Banking and RMB offer).
Client Coverage & International Network
[edit]Coverage dedicated to large French corporate and international clients.[citation needed]
Debt Optimization & Distribution
[edit]Debt Optimisation and Distribution business line, covering corporates and financial institutions, is dedicated to the origination, structuring and arrangement of syndicated and bilateral medium-term and long-term loans. It is also in charge of underwriting and of primary and secondary distribution of syndicated loans to banks and non-bank institutional investors.[citation needed]
Global Investment Bank
[edit]In France and throughout the world, Global Investment Banking helps the Bank's clients by advising them on issues related to "top-half of the balance sheet" (i.e. equity) transactions and structuring and executing specialised financing (Telecom Finance and Structured Financial Solutions).
Global Markets Division
[edit]Global Markets handles all sales and trading activities on the primary and secondary markets (rates, credit, foreign exchange, fixed-income, securitisation and treasury) for products designed for corporates, financial institutions and large issuers. These trading and sales entities are supported by research departments.
Structured Finance
[edit]The Structured Finance business consists in originating, structuring, and financing operations involving large-scale investments in France and abroad, often backed by collateral security (e.g. aircraft, ships, corporate real estate, or commodities), as well as complex and structured loans.
International Trade & Transaction Banking
[edit]Sustainable Banking
[edit]Crédit Agricole CIB advises its clients on operations integrating social and environmental considerations.[2]
Niche Activities: Islamic banking and RMB offer
[edit]Crédit Agricole CIB developed sharia compliant products[3] and services and a full range of Renminbi services.[4]
Historical Lines
[edit]In 2011, Crédit Agricole CIB announced the closing of equity derivatives and commodities.
See also
[edit]References
[edit]- ^ "Xavier Musca has been appointed CEO of CACIB". www.ca-cib.com.
- ^ "Our solutions: sustainable banking". Crédit agricole CIB. Retrieved 28 January 2018.
- ^ "Our solutions: Islamic banking". Retrieved 28 January 2018.
- ^ "Our solutions: RMB offer". Retrieved 28 January 2018.