Amundi SA

AMUN: XPAR (FRA)
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Amundi Earnings: Fundamentals Remain Sound, but UniCredit Shadows Loom

Amundi reported a 5% drop in second-quarter net profit, adjusted for the sale of a controlling stake in its US operations. Weaker client inflows, declining fee margins, and dollar depreciation affected the results. The firm's shares fell nearly 9% on July 29.

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