Credit Agricole, France's biggest retail bank, plucked a new chief executive from its influential regional divisions as it posted a widely-expected fall in third quarter profit.

Nearly 10 more Swiss and other European banks holding wealthy US citizens accounts were identified using a tax-evasion amnesty program in the US, the Wall Street Journal reported on its Web site Wednesday.

European banks still have upside potential despite the recent rally, as the worst is over for the continent's financial institutions, analysts at financial services investment bank KBW, who upgraded the European banking sector to 'Overweight', said Monday.