Crédit Agricole CIB and Indosuez Wealth Management launch joint Private Investment Banking division
Crédit Agricole CIB and Indosuez Wealth Management are proud to announce the creation of Private Investment Banking, a new division dedicated to supporting ultra-high net worth individuals and family holdings worldwide.
As part of the launch of the new division, Silvia Calvello was appointed Global Head of Private Investment Banking.
Silvia was previously a Senior Banker for Large French Clients and the Coverage Global Head of the Consumer Goods, Retail and Business Services sector at Crédit Agricole CIB.
Combining the global expertise of senior investment bankers and private bankers, Private Investment Banking will leverage Crédit Agricole CIB and Indosuez Wealth Management’s service offerings, as well as the capabilities of the whole Crédit Agricole group. The division will operate globally, with the support of Crédit Agricole group’s international ecosystem, active in more than 45 countries.
This initiative is fully in line with the Crédit Agricole’s Client Project. It aims at supporting family holdings and their shareholders in implementing their long-term strategies by taking advantage of the group’s network and the synergies between corporate and investment banking and wealth management.
Silvia Calvello, Global Head of Private Investment Banking, commented: “Ultra-high net worth individuals and family holdings stand out for their increasingly sophisticated expectations: our goal is to meet these expectations. Private Investment Banking aims at being a source of new ideas and opportunities to support family holdings in their development. Our objective is fully in line with Crédit Agricole group’s client, human and social project”.
Didier Gaffinel, Global Head of Coverage and Investment Banking within Crédit Agricole CIB, added: “Family-owned companies have demonstrated their strength, resilience and forward-looking approach, even in a very uncertain environment. By making the most of the synergies between investment banking and wealth management, Private Investment Banking will allow us to be even closer to family holdings and to better and more proactively support their needs”.
Pierre Masclet, Deputy Chief Executive Officer of the Indosuez Wealth Management group, concluded: “This new division dedicated to family holdings adds a new dimension to the cooperation between Indosuez Wealth Management and Crédit Agricole CIB. Thanks to the combination of our skills and expertise, we are able to meet the expectations of family holdings and their shareholders and to be at their side at every stage of the development of their wealth”.