Calyon up almost 50% in Q2
The division was up 49%, making e595 million in the second quarter of 2006, up from e399 million in the second quarter of last year.
The bank attributed the growth to a four-fold increase in net banking income from interest rate derivatives and strong performances in credit markets. It also cited favourable momentum in cashflow and currency activities.
For the first half of 2006, the capital markets revenues totalled e1.17 billion, with first quarter results accounting for e577 million.
“In H1
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