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Credit Agricole beats expectations but Amundi bleeds €11bn

Asset gathering division struggles against outflows but net profit still jumps at bank

Credit Agricole on 10 May posted a rise in first-quarter earnings that beat expectations.

The French lender said net profit for the first three months of the year rose to €1.23bn ($1.35bn) from €571m in the prior-year period, on revenue that grew 9.6% to €6.12bn.

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