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French banks celebrate a former French banker’s presidential campaign with a huge market rally

French banks celebrate a former French banker’s presidential campaign with a huge market rally

It’s a good day to be a banker. Yesterday, Emmanuel Macron won the first round of France’s presidential election and is a strong favorite to defeat far-right populist Marine Le Pen in the second round in two weeks. Macron, a 39-year-old centrist, may never have held elected office before, but boasts experience that makes the…