Credit Agricole is conducting a review of its external legal advisers, with all firms previously appointed to the French bank’s panel asked to re-tender for places.

Clifford Chance (CC), Freshfields Bruckhaus Deringer, Ashurst, Hogan Lovells, Linklaters, Gide Loyrette Nouel, Norton Rose Fulbright and Baker & McKenzie are all understood to be reapplying for places on the bank’s global roster.