CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please refer to our Risk Disclosure Statement
Open platformOpen platform

Credit Agricole slips after mixed results, cautious France view

By Reuters News

** Shares in Credit Agricole CAGR.PA fall around 2.5% after its CEO cautioned about potential unfavourable trends in France, while the bank's divisions delivered a Q3 mix performance

** The French lender's quarterly profit rises 11% to €1.99 billion ($2.23 billion) roughly in-line with consensus quoted by analysts

** However, J.P. Morgan points out that some of its divisions - including specialist lending and international retail - missed expectations

** RBC analysts add that "cautious comments on France as well the remaining uncertainty on (its) role in Italian M&A cloud the outlook"

** Up to the previous session's close, shares were down 12.8%​ YTD

($1 = 0.8930 euros)

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk