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Credit Agricole slips after mixed results, cautious France view

By Reuters News

** Shares in Credit Agricole CAGR.PA fall around 2.5% after its CEO cautioned about potential unfavourable trends in France, while the bank's divisions delivered a Q3 mix performance

** The French lender's quarterly profit rises 11% to €1.99 billion ($2.23 billion) roughly in-line with consensus quoted by analysts

** However, J.P. Morgan points out that some of its divisions - including specialist lending and international retail - missed expectations

** RBC analysts add that "cautious comments on France as well the remaining uncertainty on (its) role in Italian M&A cloud the outlook"

** Up to the previous session's close, shares were down 12.8%​ YTD

($1 = 0.8930 euros)

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