Credit Agricole buys remainder of Caceis custody and asset JV from Santander
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Credit Agricole has agreed to purchase a 30.5% stake from Santander in the custody and asset servicing entity Caceis, gaining full control of the business.
December 20, 2024 | 7:15 am
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Credit Agricole is acquiring a 30.5% stake from Santander in Caceis, gaining full control of the entity. This move could strengthen its position in the custody and asset servicing market.
The acquisition of the remaining stake in Caceis allows Credit Agricole to have full control, potentially enhancing its market position and operational efficiency in the custody and asset servicing sector.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80