UBI Q4 profit falls less than expected, unveils new bad loan sale
Italy’s UBI Banca on
Monday posted a sharp drop in fourth-quarter net profit due to
costs borne to lay off staffs, but it still managed to
significantly beat market expectations and it forecast higher
earnings this year.
Monday posted a sharp drop in fourth-quarter net profit due to
costs borne to lay off staffs, but it still managed to
significantly beat market expectations and it forecast higher
earnings this year.
Posted by Reuters
