Despite an even weaker macroeconomic environment and strong liquidity and capital constraints, structured finance, one of Crédit Agricole CIB’s areas of excellence, maintained its leadership in 2012.
Major rewards were received, confirming Crédit Agricole CIB’s position as one of the world’s leading players:
Debt Optimisation and Distribution, a new business line at the heart of the new “Distribute-to-Originate” model proved its effectiveness. Crédit Agricole CIB is the third bookrunner for corporate syndicated loans - EMEAEurope, the Middle East and Africa (Thomson Reuters) and number one in France (Thomson Reuters).
In investment banking, mergers and acquisitions teams won major advisory mandates, like for Danone (acquisition of a stake in Centrale Laitière du Maroc), ranking Crédit Agricole CIB number one in public takeover offers in the French market in 2012 (Thomson Reuters). In Equity Capital Markets, the Bank finalised benchmark operations: capital increases (Alstom) or convertible bond issues (Faurecia).
In tough conditions, capital markets posted a strong performance in all its activities, notably in debt capital markets: