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Home : MSN Newsfeeds : Credit Agricole Quarterly Net Drops 94% on Writedowns (Update3) - Bloomberg
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Credit Agricole Quarterly Net Drops 94% on Writedowns (Update3) - Bloomberg
Aug. 28 (Bloomberg) -- Credit Agricole SA , France's third- largest bank by market value, said second-quarter profit dropped 94 percent on writedowns tied to U.S. bond insurers. Net income fell to 76 million euros ($112 million) from 1.29 billion ...