Credit Agricole Profit Rises 89% on Investment Bank
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Credit Agricole SA, France’s second-largest bank, said profit rose 89 percent in the second quarter, more than analysts estimated, as earnings at the corporate- and investment-banking unit cushioned losses in Greece.
Credit Agricole rose 2.7 percent in Paris trading after saying net income climbed to 379 million euros ($482 million), topping the 318 million-euro average estimate of 11 analysts surveyed by Bloomberg News.