CITIC to buy Credit Agricole's CLSA unit
China Daily | Updated: 2012-07-24 07:50
|
CITIC Securities Co, China's biggest brokerage by market value, has agreed to buy Credit Agricole SA's CLSA unit for $1.25 billion. Provided to China Daily |
CITIC Securities Co, China's largest brokerage by market value, agreed to buy Credit Agricole SA's CLSA unit for $1.25 billion, joining banks across Asia that are acquiring the assets of troubled European financial companies.
Photo
