French banks resilient in crisis but hurdles remain
A working paper published by the International Monetary Fund (IMF) argues that French banks have demonstrated relative vitality in weathering the financial crisis so far. Written by Yingbin Xiao, French Banks Amid the Global Financial Crisis analyses the performance of French banks and financial support measures taken by the French government
Xiao's comparative analysis suggests that French banks were less profitable than other European banks before the crisis, but were not hit as hard, with the
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