Financial Times FT.com

Crédit Agricole arm set for US boost

By Francesco Guerrera in New York

Published: April 13 2009 23:30 | Last updated: April 13 2009 23:30

CLSA, the Asia-focused brokerage arm of Crédit Agricole, is planning an aggressive push in the US spurred on by the belief investors will demand research that is both more independent and more international.

Jonathan Slone, CLSA’s chief executive, told the Financial Times the firm wanted to set up a presence in the US and planned to hire up to 30 analysts over the next few months.

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