Credit Agricole's Chifflet Says 2013 Offers Fresh Start (Audio)

Jean-Paul Chifflet, chief executive officer of Credit Agricole SA, France's third-largest bank by market value, speaks on a teleconference about the company's record fourth-quarter loss reported today.

The net loss widened 30 percent from a year earlier to 3.98 billion euros ($5.3 billion) after writing down goodwill at its Italian and investment-banking units. (Translated excerpt. Source: Credit Agricole)

00:00 Difficult, eventful 2012; fresh start; Greece 02:40 Southern Europe; goodwill writedown 04:46 Cost cuts; retail banking; private banking

Running Time: 09:30

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.