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Credit Agricole CIB to cut 1,750 jobs

15 December 2011

Credit Agricole Corporate and Investment Bank's (CA CIB) job losses are likely to hit both export and commodity finance as the bank pulls back to core markets.

Read more: Credit Agricole Corporate and Investment Bank (CA CIB) jobs losses

Credit Agricole Corporate and Investment Bank (CA CIB) is set to shed 1,750 jobs. Sources at the bank confirmed that some of the losses are likely to hit its export finance division  as well as its commodity financing business, and stated that the bank would be focusing more on its core markets and key clients. ...


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