Credit Agricole Beats Estimates as Debt Traders Outperform [Yahoo! Finance]
CREDIT AGRICOLE UNSP/ADR (CRARY)
NASDAQ:AMEX Investor Relations:
credit-agricole.com/en/finance/finance
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Source: Yahoo! Finance
Most Read from Bloomberg Citadel Among Hedge Funds That Got Morgan Stanley's Block-Trading Leaks Tesla Asks Which Jobs Are Critical, Stoking Layoff Fears China Replaces Top Markets Regulator as Xi Tries to End Rout US Commercial Real Estate Contagion Is Now Moving to Europe Haley Loses Nevada Primary to ‘None of These Candidates' Option The Paris-based lender reported net income of €1.33 billion for the three months through December, above the €1.29 billion that analysts polled by Bloomberg had expected. While weather-related claims weighed on its insurance business, revenue at the corporate and investment bank was its highest ever for a fourth quarter. Led by Chief Executive Officer Philippe Brassac, Credit Agricole has benefited from a broad diversification across countries and product offerings through bolt-on deals. Its traders largely bucked the slowdown at Wall Street this year, and its lending business benefited from a decision by Brassac to expand in the interes
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News
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