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Credit Agricole’s Profits Double

Credit Agricole’s Profits Double

French bank Credit Agricole SA reported a rise in Q2 net income to €1.97bn ($2.3bn), up 2.1x YoY and its highest since 2007. Profits were helped by expected loan loss provisions falling 67% to €279mn ($330mn). While the bank’s corporate and investment banking (CIB)...
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