Correction to Credit Agricole, Santander Deal Article
April 17 2019 - 3:40AM
Dow Jones News
The total assets under the deal between Credit Agricole and
Banco Santander are worth more than 5 trillion euros ($5.7
trillion), including EUR3.34 trillion in assets under custody and
EUR1.83 trillion in assets under administration. "Credit Agricole,
Santander to Unite in Custody and Asset-Servicing Entity," at 0546
GMT, misstated the value of the assets in the first and third
paragraphs. Total assets are more than EUR5 trillion, not EUR5
billion. Assets under custody are EUR3.34 trillion, not EUR3.34
billion and assets under administration are EUR1.83 trillion, not
EUR1.83 billion.
(END) Dow Jones Newswires
April 17, 2019 04:25 ET (08:25 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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