Credit Agricole's CFO on Capital, Share Buyback, M&A, Italy

The transcript discusses the company's decision to maintain a 50% cash payout dividend while retaining the rest of the earnings for organic growth, acquisitions, and regulatory challenges. The company has made small acquisitions in asset management, private banking, and retail banking, aiming for a return on investment above 10% in three years. The company has a strong presence in Italy, its second domestic market, and plans to maintain its position despite ongoing discussions between the Italian Government and the European Commission.

How has the company's performance in Italy been described?

What is the company's stance on reducing its positions in Italy?