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  • 2010/12/20
  • 3 min
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CITIC Securities and Crédit Agricole Corporate & Investment Bank to create leading global brokerage platform and Asia Pacific investment bank

  • A shared common vision through an equal partnership in global institutional brokerage, and Asia Pacific equity capital markets and investment banking
  • Cooperation of the existing investment banking activities of CITICS and Crédit Agricole CIB
  • Leverage Crédit Agricole CIB activities and client relationships globally and CITICS leadership in China

Pursuant to the signing of a memorandum of understanding in April 2010 and the subsequent opening of exclusive negotiations, CITIC Securities (“CITICS”) and Crédit Agricole Corporate & Investment Bank (“Crédit Agricole CIB”) announce today the signing of an agreement on certain key terms and the extension of the exclusivity period until June 30, 2011.

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