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Credit Agricole takes $5 billion hit as banks struggle to move on

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PARIS (Reuters) – Credit Agricole , France’s No. 3 bank, announced a further 3.8 billion euros ($5.2 billion) in charges on Friday as banks struggle to move on from ill-timed deals before the 2008 financial crisis.

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Post Published: 01 February 2013
Found in section: Finance