Crédit Agricole to Report Historic Losses in 2012

On Friday, February 1 French bank Crédit Agricole, the third largest bank in finance, confirmed that it would make a 2.68 billion euro (3.64 billion dollar) goodwill writedown of the value of its assets. Of the this, 923 million euros will come from its consumer finance sector, 852 million euros from its ownership of an […]