December 17, 2019 / 5:52 PM / a month ago

Credit Agricole books 600 mln euro impairment on LCL

PARIS, Dec 17 (Reuters) - French bank Credit Agricole said in a statement on Tuesday it will book a 600 million euro impairment charge against the goodwill recognised in retail banking unit LCL.

It said the charge will be booked in its fourth-quarter earnings statement and will have a direct impact on the net income. (Reporting by GV De Clercq; editing by David Evans)

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