Crédit Agricole and JP Morgan show the gulf in IB strength

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Crédit Agricole and JP Morgan show the gulf in IB strength

After posting a record loss, Crédit Agricole continues to shrink and search for a strategy, while JP Morgan, the combative crisis winner, is plotting a path to dominance. As David Rothnie writes, the contrast between the two ends of the investment banking spectrum could not be more stark.

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