Crédit Agricole
In 2003 Crédit Lyonnais, including CLSA, was acquired by Crédit Agricole, France’s largest retail banking group, and CLSA remained part of Crédit Agricole until 2012. That year, Crédit Agricole sold a 19.9 percent stake to the Chinese firm CITIC Securities. On July 31, 2013, CITIC Securities acquired the remaining 80.1% of CLSA from Crédit Agricole and CLSA became wholly owned by Citic Securities.