Credit Agricole up, West LB down
Credit Agricole's corporate and investment banking business turned in strong first-half earnings. Net banking income rose almost 11% to E3.197 billion ($4.37 billion) from E2.889 billion in the first half of 2006.
The bank partly attributed the income gains to strong performances from its debt capital market, forex, equity derivatives and fixed-income derivatives businesses.
German bank WestLB posted a loss of E604 million in its capital markets over the first half of this year, which WestLB
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