Credit Agricole Reports Higher Profit, Warns of France Risk
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Clotilde L'Angevin, deputy general manager at Credit Agricole, speaks on Bloomberg Television after the lender joined its French rivals in reporting higher profit for the third quarter, but warned that the recent turmoil in France could hurt business there in coming months. "Going forward, we want to remain very cautious because it is possible that the macroeconomic environment will have an impact on loan demand," L'Angevin says.
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