Citic Securities, China's largest brokerage, and Credit Agricole (CRARY.PK) are reportedly very...

|About: Credit Agricole SA ADR (CRARY)|By:, SA News Editor

Citic Securities, China's largest brokerage, and Credit Agricole (CRARY.PK) are reportedly very close to a deal to create a global brokerage venture with assets worth over $4B. The move would help Credit Agricole push past rivals like Goldman Sachs (GS) in the world's fastest-growing major economy.