Bloomberg News

Credit Agricole Says Closing Equity Derivatives and Commodities

December 14, 2011

Dec. 14 (Bloomberg) -- Credit Agricole SA has decided to close its global equity derivatives and commodities activities, Chief Executive Officer Jean-Paul Chifflet said today on a conference call with journalists.

The bank, based near PAris, plans no capital increase, the CEO said.

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


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