Costs and August capital markets dent Credit Ag Q3
Higher costs and provisions around retail business in Ukraine and Italy as well as litigation has meant that analyst predictions for Credit Agricole’s third quarter results have proved too optimistic. But the French bank’s profits rose 25.8% from the same period last year to €967m, while it is up 2% for the first nine months of its financial year with profits of €2.4bn.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: