"It's an elephant, but it's a smart ele-phant." So a former French Treasury official describes Credit Agricole, a massive, slow-moving, mutually owned bank which, with capital of €28 billion ($24 billion), is France's biggest and the sixth-largest in the world. For decades, Credit Agricole has wondered what to do with itself. Should it remain true to its origins in rural France, or should it build a truly international business?
展开▼
