Listless corporate and investment banking unit drags down Crédit Agricole

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Listless corporate and investment banking unit drags down Crédit Agricole

Credit Agricole 230
Sign of Credit Agricole Bank, is seen in Nice, southeastern France, Wednesday, Sept. 14, 2011. Moody's on Wednesday downgraded the credit ratings of French banks Societe Generale and Credit Agricole following a period of huge volatility in the markets as investors fretted about their potential exposure to the debts of Greece. (AP Photo/Lionel Cironneau ) | Lionel Cironneau/AP/Press Association Images

Crédit Agricole’s corporate and investment banking unit, hampered by a sluggish market, is the sole black spot on otherwise solid third quarter results for the bank.

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