French banks aim to boost foreign presence

French banks Calyon and BNP Paribas have outlined ambitious plans to beef up their investment banking presence outside their home markets.

Calyon, the investment banking division of the merged Crédit Agricole and Crédit Lyonnais, wants to recruit between 30 and 40 equity capital markets and mergers and acquisitions bankers focusing on Italy, Germany and Spain.

WSJ Logo
Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire