Monte dei Paschi sees 1.2 bln euro net profit hit in Q4 from tax change
Italian state-owned bank Monte dei
Paschi di Siena said on Thursday it expected a 1.2
billion euro ($1.3 billion) net profit hit in the fourth quarter
after reducing the value of deferred tax assets on its balance
sheet.
Paschi di Siena said on Thursday it expected a 1.2
billion euro ($1.3 billion) net profit hit in the fourth quarter
after reducing the value of deferred tax assets on its balance
sheet.
Posted by Reuters
