Bloomberg News

Credit Agricole Plans No Job Cuts at Amundi, Chifflet Says

December 14, 2011

Dec. 14 (Bloomberg) -- Credit Agricole SA, which is cutting 2,350 jobs at its corporate- and investment-banking and consumer-finance units, isn’t planning any further job cuts at Amundi or other units, Chief Executive Officer Jean-Paul Chifflet said on a conference call with reporters today.

Cheuvreux, a brokerage division, is included in the job- cutting figure provided for the corporate- and investment- banking unit, he said.

To contact the editor responsible for this story: Fabio Benedetti-Valentini at fabiobv@bloomberg.net


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