Credit Agricole Boosts Profit Goal as Rivals Pare Targets
- French bank seeking to boost net income to above $5.6 billion
- Pledges to boost efficiency though drops targets on revenue
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Credit Agricole SA pledged to boost net income by more than 600 million euros ($673 million) over the next three years and drive down costs as Chief Executive Officer Philippe Brassac bets on corporate banking and asset management to bolster revenue.