Intesa Sanpaolo's Profit Slips

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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BBVA Net Profit Slips 7.3%

BY CHRISTOPHER BJORK

MADRID—Banco Bilbao Vizcaya Argentaria SA Thursday said net profit slipped 7.3% in the first quarter, as weak results in Spain outweighed an improved performance in Mexico and South America.

Spain's second-largest bank behind Banco Santander SA said ...

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