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Home > Company Index > Banking > Money Center Banks > Crédit Lyonnais

Crédit Lyonnais
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 PROFILE
Over-expansion, bad loans, and outright fraud didn't kill Crédit Lyonnais, but the fraud allegations still dog the bank. The once venerable bank (formerly France's largest) has some 1,900 branches in France, as well as offices in more than 60 countries abroad. It offers consumer and commercial banking services, as well as investment services (corporate finance, securities trading, and asset management) and life, property, and casualty insurance (through subsidiary Union des Assurances Fédérales and German affiliate Allianz). France's government still owns about 10% of the bank, which was privatized in 1999; about 32% of Crédit Lyonnais is held by institutional shareholders.

 COMPETITION
BNP Paribas Group (BNP)
Caisse Nationale de Crédit Agricole (dossier)
Société Générale (SCGLY)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 16,940.30
1-Yr. Sales Growth: 19.3%
Employees: 40,341
Revenue per employee: $419,927.62

 KEY PEOPLE
• Dominique Ferrero
    CEO
• Yves Perrier
    CFO

 CONTACT INFO
19, boulevard des Italiens
75002 Paris, France
Phone: 33-1-42-95-67-89
Fax: 33-1-42-95-94-37
Online: Web Site

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