French Banks Could Suffer Most From Sunday's Vote

Perhaps surprisingly, French banks have enjoyed some investor love. An index of regional French banks compiled by FactSet that includes largely domestic companies such as Credit Agricole (CRARY) and Credit Industriel et Commercial is up 4.8% year to date and has advanced 19.4% over the past year.

An index of major French banks -- comprising just two, Societe Generale (SCGLY) and BNP Paribas (BNPQY) -- paints a more realistic picture of worries about the sector before the presidential election. It is down 2.7% year to date. However, that's after advancing by more than 20% in a year....633 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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