The largest bank of Italy, UniCredit, reported that in the first quarter of 2018 net profit rose to 1.1 billion euros, the finversia.ru project wrote with reference to the bank's accounts. Net profit growth was the best result of the bank since 2007 due to lower than expected losses on loans. The indicator exceeded the expectations of the analysts, who had predicted it at 766 million euros. Quarterly revenues amounted to 5.1 billion euros, increased by 4% compared to the previous quarter. At the same time, net interest income of the bank showed a slight decrease. The write-offs on loans fell to 496 million euros.
Asian stocks slip as gloomy outlook dampens market sentiment24.06.2020
Asian shares hit four-month high on persistent market optimism16.06.2020
NYSE will allow some market makers to return to the trading floor on Wednesday08.06.2020
Oil prices rise, but new output cut deal disappoints market