Crédit Agricole S.A. Rotten Score Breakdown
Corporate Misconduct
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Human Rights & Exploitation
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Fraud & Corruption
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Deceptive Practices
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Environmental Harm
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Sustainability Deception
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Workplace Misconduct
0.0ptsNo documented evidence
Avg Rating: —Ratings: 0Severity Score: 0.00Evidence Count: 0Contribution: 0.0 pts
Financial Misconduct
15.0ptsNo flavor assigned
Avg Rating: 5.00Ratings: 1Severity Score: 3.00Evidence Count: 1Contribution: 15.0 pts
Misconduct: low 0 · medium 1 · high 0
Remediation: low 0 · medium 0 · high 0ⓘ cap: 25%
Crédit Agricole Investment Bank Paid $787.3 Million to Resolve U.S. Sanctions Violations
In October 2015, Crédit Agricole Corporate and Investment Bank, owned by Crédit Agricole S.A., admitted sanctions violations and entered into resolutions with U.S. authorities totaling $787.3 million.
The U.S. Treasury said the conduct involved 4,297 financial and trade transactions between 2003 and 2008 in which references to sanctioned parties were removed, omitted or obscured when transactions were routed through U.S. banks.
Sources:
U.S. Department of Justice
https://www.justice.gov/archives/opa/pr/cr-dit-agricole-corporate-and-investment-bank-admits-sanctions-violations-agrees-forfeit-312
U.S. Treasury
https://home.treasury.gov/news/press-releases/jl0223