Credit Agricole’s Trading Results Improve
- French bank bucks first-quarter trend of lower trading revenue
- Both group revenue and net income trail analysts’ estimates
A customer uses an automated teller machine outside a Credit Agricole SA bank branch in Paris, France.
Photographer: Christophe Morin/BloombergThis article is for subscribers only.
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Credit Agricole SA posted bigger-than-expected declines in profit and revenue in the first quarter as weakness at its key Italian business overshadowed resilient trading income.