Finance
Credit Agricole Plans 5% to 10% Boost to Investment Bank Bonuses
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Credit Agricole SA is set to raise bonuses for its investment bankers by between 5% and 10% after a strong year, according to people familiar with the matter.
The increase is an average and changes for units will vary, said the people. The bank has reached broad agreement on the size of the overall bonus pool for the division known as Corporate & Investment Bank or CIB, though individual bonuses will only be communicated next week, the people said, asking not to be identified discussing the private information.