Ross Levin, Director of Research at Arbiter Partners, joins the pod to discuss his thesis on Credit Agricole S.A. CCIs (Cooperative Investment Certificates). ***This podcast is brought to you by Stream by AlphaSense
Great article, and thanks a lot for the text transcription. The main problem with these banks is the buyback at the book value may never happen... I think I saw this thesis since 7 years and people still waiting for it.
And you own a French bank which is not the easiest business to understand (bank + fr regulation + EU regulation )
Fascinating article. Can you please post the relevant tickers?