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Mixed fortunes for Commerzbank & Credit Agricole

Tuesday, May 15, 2018 - 01:47

Commerzbank has reported a smaller-than-expected fall in first-quarter pretax profit and has promised to resume dividend payments this year, sending shares in Germany's No. 2 lender up almost 4 percent. As Sonia Legg reports, it wasn't such postive news for French bank Credit Agricole's which saw quarterly profit fall short of expectations.

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Commerzbank has reported a smaller-than-expected fall in first-quarter pretax profit and has promised to resume dividend payments this year, sending shares in Germany's No. 2 lender up almost 4 percent. As Sonia Legg reports, it wasn't such postive news for French bank Credit Agricole's which saw quarterly profit fall short of expectations.

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Mixed fortunes for Commerzbank & Credit Agricole

Tuesday, May 15, 2018 - 01:47