BY SABRINA COHEN
MILAN—Intesa Sanpaolo's first-quarter net profit fell as declining provisions against bad loans were outpaced by lower net interest income and weaker commissions.
The Milan-based lender said Friday its net profit in the quarter ended March 31 was €661 million ($941.2 million), down from €688 million a year earlier.
Intesa Sanpaolo, Italy's largest retail ...
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