Credit Agricole Quarterly Profit Jumps, Boosted by Visa Gain

  • Revenue slumps at French, Italian retail units on low rates
  • Earnings decline at unit housing trading, investment banking

Credit Agricole SA, France’s third-largest bank, said second-quarter profit rose 26 percent as a gain from a stake sale in Visa Europe Ltd. helped offset a drop in revenue at the main consumer business.

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