Jean Peyrelevade, the former chairman of Crédit Lyonnais, who left the bank last year as it merged with Crédit Agricole, has joined French investment banking boutique Toulouse & Associés.

Peyrelevade has joined the bank, which is run by Jean-Baptiste Toulouse, as a senior advisor.   The bank is in the process of hiring a raft of senior bankers and currently has a team of about 12.

Peyrelevade joins investment banking boutique

Sophie Brodie

Crédit Agricole

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

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