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French Banks Under Attack

Fri 19 Aug 11 | 12:15 PM ET
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French Banks Under Attack

Fri 19 Aug 11 | 12:15 PM ET
"The second quarter figures we are expecting from Credit Agricole should not bring any kind of surprise, because it has already made a profit warning in late July. The funding issue is not peculiar to Credit Agricole, but there is a real issue in general with funding for French banks," Christophe Nijdam, banking analyst at Alphavalue, told CNBC's Investing Edge.
 
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