Unicredit, Italy's only bank considered to be of global systemic relevance, said net profit was 2.3 billion euros in the three months through September, well above a consensus forecast by the bank of 1.9 billion euros and up 36% from a year ago.
Unicredit, Italy's only bank considered to be of global systemic relevance, said net profit was 2.3 billion euros in the three months through September, well above a consensus forecast by the bank of 1.9 billion euros and up 36% from a year ago. UniCredit, the first Italian bank to report third-quarter earnings and take an official decision on the tax, said it was putting aside 1.1 billion euros as reserves.
"We're reviewing all the options that we have and therefore giving you a new guidance for the bottom line and distribution is premature, but that does not mean that those numbers will remain the same," CEO Andrea Orcel told a media call.
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