ourexpertise - Crédit Agricole CIB

PRESENTATION OF CRÉDIT AGRICOLE CIB 1• NewedgeNewedge was created on 2 January 2008 through the merger ofCalyon Financial and Fimat (Société Générale group). Its core businessconsists of brokerage services for listed derivatives. Newedgeoffers institutional clients a full range of clearing and executionservices covering futures and options on fi nancial products andcommodities, as well as money market instruments, bonds, foreignexchange, equities, and commodities on OTC markets.Newedge also provides interbank brokerage, along with a range ofmore specialized services, including prime brokerage, asset fi nancing,an electronic platform for trading and order routing, crossmargining, and the processing and centralized reporting of clientportfolios.Newedge operates across 85 equity and derivatives markets worldwide,with 25 locations in 17 countries.Equity derivativesCrédit Agricole CIB’s equity derivatives and funds business combinestrading, sales and arbitrage of equity derivatives, indexes andfunds from standard products like certifi cates and convertible bondsto more investment solutions like structured products.Crédit Agricole CIB has 12 sites in Europe, Americas and Asia, andcovers around 40 countries.Investment BankingCrédit Agricole CIB’s investment banking business involves all equityand long-term fi nancing activities for corporate clients, and hasthree main segments:• Primary equity capital marketsThe Equity Capital Markets business line is responsible for the activitiesrelated to the issuance of stock and securities giving accessto equity such as primary issues, initial public offerings and privatisations(or opening of capital to private investors), increases, secondaryofferings as well as convertible bonds, exchangeable bondsand other hybrid products issues for the large and mid-cap primarymarkets.• Corporate Equity DerivatesThe Corporate Equity Derivatives business is in charge of structuringand selling transactions involving equity derivatives, in order to helpcorporate clients to manage their equity and long term fi nancing.Along with the Brokerage and Equity Derivatives business line, thisactivity covers leveraged employee savings, stock repurchase programs,equity fi nancing and hedging of stock options or investmentsecurities.• Global Corporate FinanceThis business line gathers all the activities dedicated to mergers andacquisitions, from strategic advisory services to transaction execution.It assists clients in their development with, advisory mandates forboth purchases and disposals, opening up capital to new investorsand restructuring, strategic fi nancial advisory services and advisoryservices for privatisations.• INTERNATIONAL PRIVATE BANKINGThe international private banking business provides individualinvestors with a worlwide comprehensive wealth managementservice range.This business requires the implementation and rigorous co-ordinationof numerous skills, specially adapted to the level of requirementsof this customer segment, particularly as regards assetsengineering, asset management, and order execution in all globalfi nancial markets.International Private Banking has a strong global presencethrough its Crédit Agricole Suisse, Crédit Agricole Luxembourg,Crédit Foncier de Monaco and Crédit Agricole Brasil DTVM subsidiaries,along with its two branches in Spain and Miami.• DISCONTINUING OPERATIONSThe «discontinuing operations« perimeter has been set up duringCrédit Agricole CIB’s refocusing and development plan it adoptedin the autumn of 2008. It encompasses the operations whichwere the most impacted by the crisis. The aim is to stricly managethe losses and to reduce the risk profi le of the following portfolios:• Portfolios of the CDO (Collateralized Debt Obligations) and ABS(Asset-Backed Securities) mainly collateralized by Americansubprime mortgages, commercial real estate mortgages orleveraged loans exposure.• Structured Credit and «Correlation« products, underlying riskbeing a corporate credit portfolio represented by a CDS (CreditDefault Swaps).• Exotic equity derivatives products.SHELF-REGISTRATION DOCUMENT CRÉDIT AGRICOLE CIB 2010 17