Credit Agricole Sells Brazilian Wealth Management Unit to Banco Safra
Posted on 04/26/2021
Brazil-based Banco Safra S.A. has acquired Credit Agricole’s wealth management unit in Brazil. Credit Agricole’s unit called Indosuez Wealth Management has 5 billion reais under management. The wealth management unit offers a range of investment solutions, including brokerage services, funds, securitization products, to high-net-worth clients in Brazil.