Crédit Agricole Corporate and Investment Bank: Difference between revisions

Crédit Agricole CIB
Company type	Limited-liability company
Industry	Finance and Insurance
Founded	May 1, 2004
Headquarters	Paris, France
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.ca-cib.com

Browse history interactively

← Previous edit

Content deleted Content added

VisualWikitext

Inline

Latest revision as of 12:45, 24 July 2023

Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB, formerly Crédit Agricole Indosuez then Calyon) is Crédit Agricole's corporate and investment banking entity. With a staff of 8,940 employees^[1] (excluding private banking)^[1] in 32 countries,^[2] 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' 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^[3]

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.^[4]

Niche Activities: Islamic banking and RMB offer[edit]

Crédit Agricole CIB developed sharia compliant products^[5] and services and a full range of Renminbi services.^[6]

Historical Lines[edit]

In 2011, Crédit Agricole CIB announced the closing of equity derivatives and commodities.

References[edit]

^ ^a ^b Activity report 2021 - [1] Archived 2013-08-18 at the Wayback Machine
^ "Credit Agricole CIB:International network". Archived from the original on 2010-02-11. Retrieved 2010-02-08.
^ "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.

[:0-1] Activity report 2021 - [1] Archived 2013-08-18 at the Wayback Machine

[2] "Credit Agricole CIB:International network". Archived from the original on 2010-02-11. Retrieved 2010-02-08.

[3] "Xavier Musca has been appointed CEO of CACIB". www.ca-cib.com.

[4] "Our solutions: sustainable banking". Crédit agricole CIB. Retrieved 28 January 2018.

[5] "Our solutions: Islamic banking". Retrieved 28 January 2018.

[6] "Our solutions: RMB offer". Retrieved 28 January 2018.

[1]

[2]

[3]

[4]

[5]

[6]

@@ Line 1: / Line 1: @@
-{{Infobox company |
+{{Infobox company
- name = Crédit Agricole CIB|
+| name = Crédit Agricole CIB
+| logo = File:CréditAgricoleCIB logo.svg
- logo = [[Image:Crédit Agricole CIB rgb.png|Crédit Agricole Corporate and Investment Bank official logo]] |
- type = Limited-liability company|
+| type = Limited-liability company
+| industry = [[Finance and Insurance]]
- company_slogan = ''"It's time for green banking"''|
- foundation = May 1, 2004 |
+| foundation = May 1, 2004
- location = [[Paris, France]]|
+| location = [[Paris, France]]
- key_people = [[Jean-Paul Chifflet]] ([[Chairman]])<br> Jean-Yves Hocher ([[Chief Executive Officer|CEO]])<br> Pierre Cambefort, Deputy CEO<br>Régis Monfront, Deputy CEO<br> Francis Canterini, Deputy General Manager |
+| key_people = [[Philippe Brassac]] ([[Chairman]])<br> Xavier Musca ([[Chief Executive Officer|CEO]])<br> Jean-François Balaÿ, Deputy CEO<br>Olivier Bélorgey, Deputy CEO<br> Pierre Gay, Deputy CEO
+| products = [[Financial services]]
- num_employees = 9,500|<br>
+| num_employees = 8,940
- Share_capital = EUR 7,254,575,271|
- parent = [[Crédit Agricole]]|
+| parent = [[Crédit Agricole]]
+| homepage = {{URL|http://www.ca-cib.com}}
- industry = [[Finance and Insurance]]|
- products = [[Financial Services]]|
- homepage = [http://www.ca-cib.com www.ca-cib.com]
 }}
-'''Crédit Agricole Corporate and Investment Bank''' (Crédit Agricole CIB, formerly Calyon) is [[Crédit Agricole]]'s corporate and [[investment banking]] entity. With a staff of 9500 employees<ref>http://interactif.ca-cib.com/fr/rai-2012/</ref> in 32 countries,<ref>[http://www.ca-cib.com/global-presence.htm Credit Agricole CIB:International network]</ref> 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.
+'''Crédit Agricole Corporate and Investment Bank''' (Crédit Agricole CIB, formerly [[Crédit Agricole Indosuez]] then [[Calyon]]) is [[Crédit Agricole]]'s corporate and [[investment banking]] entity. With a staff of 8,940 employees<ref name=":0">Activity report 2021 - [https://www.ca-cib.com/activity-report/en/] {{Webarchive|url=https://web.archive.org/web/20130818004939/http://interactif.ca-cib.com/fr/rai-2012/ |date=2013-08-18 }}</ref> (excluding private banking)<ref name=":0" /> in 32 countries,<ref>{{Cite web |url=http://www.ca-cib.com/global-presence.htm |title=Credit Agricole CIB:International network |access-date=2010-02-08 |archive-url=https://web.archive.org/web/20100211051424/http://www.ca-cib.com/global-presence.htm |archive-date=2010-02-11 |url-status=dead }}</ref> 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.
-==CORPORATE GOVERNANCE==
+==History==
-===Executive committee===
+[[File:Edificio Crédit Agricole IndoSuez, Madrid, 2017-12-22, Triplecaña 05.jpg|thumb|Office of Crédit Agricole CIB in Madrid, known as {{ill|Edificio Crédit Agricole IndoSuez|es}}]]
-<ref>http://www.ca-cib.com/group-overview/corporate-governance.htm</ref>
-Jean-Yves HOCHER, Chief Executive Officer
+[[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]]' Corporate and Investment Banking division. The division was rebranded Crédit Agricole Corporate & Investment Bank (CACIB) in February 2010.
-Pierre CAMBEFORT, Deputy Chief Executive Officer
+In September 2022, Xavier Musca has been appointed CEO of CACIB, in replacement of Jacques Ripoll<ref>{{Cite web|url=https://www.ca-cib.com/pressroom/news/changes-governance-xavier-musca-succeed-jacques-ripoll-chief-executive-officer|title=Xavier Musca has been appointed CEO of CACIB|website=www.ca-cib.com }}</ref>
-Francis CANTERINI, Deputy General Manager
+==Business Lines==
-Régis MONFRONT, Deputy Chief Executive Officer
+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).
-Thierry SIMON, Client Coverage, International network, Commercial Banking and Trade
+===Client Coverage & International Network===
+Coverage dedicated to large French corporate and international clients.{{citation needed|date=January 2018}}
+===Debt Optimization & Distribution===
-Alix CAUDRILLIER, Global Investment Banking
+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|date=January 2018}}
+===Global Investment Bank===
-Jacques PROST, Structured Finance
+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===
-Thomas GADENNE, Fixed Income Markets
+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===
-Jean-François BALAY, Debt Optimisation and Distribution
+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===
-Daniel PUYO, Risk and Permanent Control
+===Sustainable Banking===
-Paul de LEUSSE, Finance
+Crédit Agricole CIB advises its clients on operations integrating social and environmental considerations.<ref>{{Cite web|url=https://www.ca-cib.com/our-solutions/sustainable-banking|title=Our solutions: sustainable banking|website=Crédit agricole CIB|access-date=28 January 2018}}</ref>
+=== Niche Activities: Islamic banking and RMB offer ===
-Frédéric COUDREAU, Global Operations
+Crédit Agricole CIB developed sharia compliant products<ref>{{Cite web|url=https://www.ca-cib.com/our-solutions/islamic-banking|title=Our solutions: Islamic banking|access-date=28 January 2018}}</ref> and services and a full range of [[Renminbi]] services.<ref>{{Cite web|url=https://www.ca-cib.com/our-solutions/rmb-offer|title=Our solutions: RMB offer|access-date=28 January 2018}}</ref>
+===Historical Lines===
-Pierre DULON, Global IT
-Ivana BONNET, Human Resources
-Catherine DUVAUD, Compliance
-Bertrand HUGONET, Corporate Secretary
-===Management Committee===
-The Management Committee gathers a hundred members including the Executive Committee members.
-==BUSINESS LINES==
-===Structured finance===
-Air transportation and rail, shipping, real estate, natural resources, infrastructure and power, energy, acquisition finance, transactional commodity finance, tax based leases.
-===Investment banking===
-In France and worldwide, Crédit Agricole CIB advises clients on top-half of the balance sheet transactions and specialised financing.
-===Fixed income===
-Sales and trading activities on the primary and secondary markets (rates, credit, foreign exchange, fixed-income, securitisation and treasury).
 In 2011, Crédit Agricole CIB announced the closing of equity derivatives and commodities.
-Debt Optimisation and Distribution
-Created in 2012 with the new Distribute-to-originate model, Debt Optimisation and Distribution originates, structures and arranges syndicated and bilateral medium-term and long-term loans, for corporates and financial institutions.
-===Commercial Banking and Trade===
-Commercial banking services non-financial companies and financial institutions: non-structured financings, guarantees and sureties, export and trade finance, cash management and liability management.
-==HISTORY==
-Calyon was created in May 2004 by the transfer of assets from [[Crédit Lyonnais]]' Corporate and Investment Banking division to Crédit Agricole Indosuez (CAI), which had been created in 1996 with the purchase of Banque Indosuez by Crédit Agricole.
-As of 6 February 2010, Calyon changed its name to Credit Agricole Corporate and Investment Bank (Crédit Agricole CIB).<ref>[http://www.ca-cib.com Bank website (via "News")]</ref>
-==Operations==
-Its activities are grouped into two major divisions: the Capital Markets & Investment Banking Division and the Financing Division.
-===Trading Losses===
-In September 2007, a Crédit Agricole CIB New York trader lost the firm [[Euro|€]]250M (US$320M). He had taken unusual positions beyond authorization and delegation. He was fired, as well as five other salaried employees from the firm's New York branch.<ref>[http://www.lemonde.fr/web/article/0,1-0@2-3234,36-956995@51-957103,0.html LeMonde.fr (in french)]</ref>
-Credit Agricole lost €857m ($1.1bn, £657m) in the fourth quarter of 2007, primarily as a result of the €3.3bn charge on losses attributed to the [[Financial crisis of 2007–2010|credit crisis]].
-<ref>[http://news.bbc.co.uk/2/hi/business/7278702.stm BBC (in english)]</ref>
 ==See also==
+{{Portal|Banks}}
 * [[Calyon Financial]]
 * [[Crédit Agricole]]
 * [[Crédit Lyonnais]]
@@ Line 93: / Line 59: @@
 ==References==
 {{Reflist}}
+{{Credit Agricole Group}}
 {{Major investment banks}}
+{{Authority control}}
 {{DEFAULTSORT:Credit Agricole Corporate And Investment Bank}}
-[[Category:Crédit Agricole]]
+[[Category:Crédit Agricole subsidiaries]]
 [[Category:Investment banks]]
 [[Category:Banks established in 2004]]
+[[Category:French companies established in 2004]]