Four years after becoming chief executive of Crédit Agricole’s corporate and investment bank, Jean-Yves Hocher could be forgiven for expressing a quiet satisfaction at the division’s latest set of results.
On February 19, the corporate and investment bank reported a 32% rise in annual profits to €1.03 billion for 2014 – the division’s second consecutive year of good and solid profitability and the first time it has breached the €1 billion income threshold under Hocher.
Boosting annual revenues by 6.6%
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