Bloomberg Credit Agricole SA profited from low rates in the first quarter as large clients tapped the bond market and mortgage refinancing led to a surge in fees. Capital-markets revenue rose 17 percent, with ‘buoyant activity’ in fixed-income, foreign-exchange and credit trading, the Paris-based bank said in a statement on Thursday. Net income jumped to 845 million euros ($918 million) ...

Dubai / Emirates Business Agricultural Bank of China (ABC) Dubai Branch holds a grand ceremony in celebration of its opening and designation as the RMB clearing bank in the UAE. The Dubai Branch is ABC’s first RMB clearing bank designated by the People’s Bank of China (PBOC) and its second branch in the Middle East after the DIFC Branch. The ...

Bloomberg UniCredit SpA bounced back from a balance-sheet cleanup and a record share sale to deliver first-quarter profit that exceeded analysts’ estimates. The shares climbed as much as 5.4 percent. Net income more than doubled to 907 million euros ($986 million) from 406 million euros a year earlier, lifted by higher revenue and lower costs and provisions, the Milan-based bank ...