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Crédit Agricole Corporate and Investment Bank Further Strengthens Its US Credit PlatformCrédit Agricole Corporate and Investment Bank is further strengthening its US Credit Platform. Three team members have joined the Crédit Agricole CIB US Credit Platform:
"We are delighted to welcome our new team members. These hires demonstrate our continued investment in the United States as a key region. We are firmly committed to our U.S. credit platform and following a recent change in our set-up, we look forward to building our offering with our new colleagues," said Gene Kim (News - Alert), Head of International for the Global Markets Division. Crédit Agricole CIB has increased its market share in the Yankee business by 71% since 2016, to the highest level it has ever been. From 2016 to 2017, our Yankee issuance count has also increased by 33%. Crédit Agricole CIB's primary market share as per US Corporate Bond league table (which includes both investment grade and high yield issuances) has increased 83% since 2016 and 111% since 2013, respectively. "We currently have our best ever position ranked at No.9 as a Yankee Bank in the Bloomberg (News - Alert) league tables as of April 30, 2018 and our highest market share to date at 2.01%. This clearly demonstrates our continued investment and focus to have a strong distribution and execution platform in the US and for USD." added Sébastien Domanico, Global Head of Debt Capital Markets. About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) Crédit Agricole CIB is the Corporate and Investment Banking arm of the Crédit Agricole Group, the world's n°13 bank measured by Tier One Capital (The Banker, July 2017). The Bank offers its clients a comprehensive range of products and services structured around six major divisions:
The Bank provides support to clients in large international markets through its network with a presence in major countries in Europe, America, Asia Pacific and the Middle East. For more information, please visit the website at www.ca-cib.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20180529005839/en/ |