On Friday evening the State launched its tender

On his bedside table, a novel with the title best adapted to its new functions: "The money of others", of Emile Gaboriau. The famous "Petit Journal" feuilletoniste is narrates the adventures of Vincent Favoral, respectable bank employee charged with embezzling a colossal amount of money. "It is Madoff before the hour!" exclaims Jerome monkey, who warmly recommend the book. If it has nothing to do with a Madoff or a Favoral, the Inspector of Finance of forty-seven years knows that "the money of others" means: Predica, the subsidiary of insurance of Credit Agricole, which it has recently been given branch, recorded last year more than 14 million contracts totalling nearly 190 billion euros of managed stocks!

Money from others, Jérôme monkey know much better what it is that he has already "checked" most trades of bank-insurance. Defector from Calyon where he had been since 2007 Associate General Director in charge of support functions (risk, finance, computer, back-office...), it was for six years on bank financing and investment often stormy seas - which ran after the sub-prime crisis and the collapse of Lehman Brothers in the fall of 2008. The atmosphere "red alert" and "crisis cell" which then established at the headquarters of Calyon was indeed not recall a previous episode - also agitated - of his professional life, when he was Director of strategy and development of Credit Lyonnais.

An air of déjà vu

It was in December 2002, and the public authorities came to selling their remaining capital of the Bank of the lion. "On Friday evening, the State launched its tender." On Saturday evening, I received a call from the Secretary General Jean-François Verny indicating me that BNP Paribas had any raflé. And on Sunday morning, the first time, we ourselves all in the Office of Jean Peyrelevade! "That this same Peyrelevade and his lieutenant Dominique Ferrero had appointed the previous year in the direction of the strategy, so that it is primarily a possible rapprochement with the Crédit Agricole, do good obviously part of the crew formed by the"yellow"to convince the"green"to the rescue. "Have helped them us to quickly make a religion on the subject", he says with an exquisite modesty.

The Bank financing and investment, staff functions... Nothing but very normal until then for a finance Inspector passed by the General Secretariat of the Inter-Ministerial Committee (ICMS) and cabinet of Alain Juppe at Matignon before deciding to foresight in the Bank. But his debut in the trade, far from the universe- and sophisticated of the Anglo-Saxon business bank loving both of his colleagues at the Inspection, are more original. A graduate of the ESSEC business school before joining the ENA - where he has nothing learned but had good buddies: Jean-François Copé, Renaud Dutreil, or his witness marriage François Werner, today at the head of the mandatory insurance guarantee fund-, he kept his first training some appetite for marketing and distribution issues. The position of financial Director of the network of agencies that provide Jean Peyrelevade in April 1998 will enable him to fully satisfy his hunger in this matter. "It was stack what I was looking for: pure and hard retail banking, that of the corner of the street." Closer to the money of others, already.