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By Shashwat Chauhan and Shristi Achar A
(Reuters) -European shares slipped on Thursday, pulled down by downbeat updates from banks across the continent as well as drugmakers Roche and Sanofi, but Volvo Cars and Ferrari raced higher.
The pan-European STOXX 600 index closed 0.5% lower.
Banks were the biggest drag, down 2.0%, led by an 9.2% drop in BNP Paribas after the French lender reported a surprise drop in fourth-quarter income and pushed back a key profitability target.
French peers including SocGen and Credit Agricole also…
