TITLE

French giants team up for big derivatives push

AUTHOR(S)
Clary, Isabelle
PUB. DATE
September 2007
SOURCE
Pensions & Investments;9/17/2007, Vol. 35 Issue 19, p32
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article offers information about the merger of Credit Agricole (CA) SA and Societe Generale (SocGen) SA. Both the companies are merging to capture a greater share of the global institutional derivatives business. CA's subsidiary Calyon Financial and SocGen's subsidiary Fimat Group would merge their brokerage operations in early 2008 to form the new firm Newedge. The merger is stated to allow the new entity to offer a full range of assets to sophisticated customers.
ACCESSION #
26937044

 

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