French banks endured a weaker second quarter in their investment banking arms than many international peers, with several exposed to Rallye, the parent of major supermarket chain Casino, which filed for protection from its creditors in May. natixis said it took a provision against a "large single file" but declined to confirm if that referred to Rallye. Its credit provisions jumped to €110m for the second quarter, up from €41m in the same period a year ago.
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