Acquisitions help boost coffers for French bank

Credit Agricole said on 4 August that profit and revenue beat expectations in the second quarter in its capital markets and investment banking business, despite macroeconomic uncertainties.

Net profit at the French bank came to €1.98bn in the three months to the end of June, ticking up on the €1.97bn of the same period last year.

Credit Agricole trims Russia exposure, beats expectations on investment bank strength

Ed Frankl

Credit Agricole

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