Credit Agricole 1st quarter net profit falls 77 pct to euro202 million on big rise in provisions

PARIS — French bank Credit Agricole SA said Thursday its net profit fell 77 percent in the first quarter as the global financial crisis continued to weigh on its asset management, insurance and private banking activities.

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"A man's ethical behavior should be based effectually on sympathy, education, and social ties; no religious basis is necessary. Man would indeeded be in a poor way if he had to be restrained by fear of punishment and hope of reward after death." - Albert Einstein

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Credit Agricole 1st quarter net profit falls 77 pct to euro202 million on big rise in provisions

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