Even as it cuts jobs in Asia, CLSA, the Asia-focused brokerage arm of Crédit Agricole, is planning an aggressive US push in expectation of demand for more independent and more international research. Jonathan Slone, CLSA’s chief executive, said the firm planned to hire up to 30 US-based analysts in coming months. CLSA’s first major recruit was Mike Mayo, one of Wall Street’s best-known banking analysts who joined with his team from Deutsche Bank last month.

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