UniCredit plans no changes in Q4 profit versus Q3

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
UniCredit SpA, the largest bank in Italy, expects the fourth-quarter profit to be almost the same as July-September net income of 204 million euros. Bank's CEO Federico Ghizzoni said on Tuesday that the economic decline in Italy will negatively continue to weigh on the demand for new loans. Today, UniCredit SpA shares are trading up 0.09% to 5.47 euros per share by 11:30 GMT in Milan.

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