Credit Agricole Sa: Indosuez Wealth Management Completes Acquisition of Banque Thaler

Acquisition Announcement

• Finalization of Acquisition: Indosuez Wealth Management has completed the acquisition of Banque Thaler, securing 100% ownership. This acquisition was initially announced on April 4, 2025, and has received the necessary regulatory approvals.
• Strategic Alignment: The acquisition aligns with Indosuez's growth strategy, enhancing its presence in the Swiss market, where it has operated since 1876. A legal merger of the two entities is anticipated by the end of 2025.

Client Benefits

• Expanded Services: Clients of Banque Thaler will gain access to a broader range of products and expertise, including wealth advisory, financing, corporate finance, fund servicing, and asset management, supported by Indosuez's international network.
• Leadership Statements: Jacques Prost, CEO of Indosuez Wealth Management, emphasized the acquisition's role in strengthening their market position and enhancing client service through local teams. Marc-André Poirier, CEO of Indosuez in Switzerland, noted the acquisition as a significant milestone for growth opportunities in Switzerland.

Financial Impact

• CET1 Ratio: The impact of this acquisition on Crédit Agricole S.A.’s Common Equity Tier 1 (CET1) ratio is expected to be limited, indicating a stable financial outlook post-acquisition.

About Indosuez Wealth Management

• Global Presence: Indosuez Wealth Management is part of the Crédit Agricole Group, the 10th largest bank globally, with over 150 years of experience in wealth management. The firm manages €215 billion in client assets as of December 2024 and employs more than 4,300 people across 15 territories.
• Swiss Operations: In Switzerland, Indosuez is among the top three foreign banks, focusing on wealth management and commercial banking, with a team of over 800 specialists.

About Banque Thaler

• Independent Wealth Management: Banque Thaler, established in 1999, specializes in discretionary management services for families and entrepreneurs, with a focus on dynamic asset allocation and expertise in alternative funds and private equity. The bank operates offices in Geneva and Zurich.