Credit Agricole Reports Rising Revenue and Profit

  • Profit rises 8.9% in first quarter since CEO set new targets
  • The French bank’s shares have outperformed its large peers
Photographer: Christophe Morin/Bloomberg
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Credit Agricole SA benefited from record inflows at its asset-management unit and higher revenue at the investment bank in the first quarter since Chief Executive Officer Philippe Brassac unveiled his new targets.