Italy’s UniCredit posts $2.9 bln Q1 loss
Italy’s biggest bank UniCredit
posted on Wednesday a larger-than-expected 2.7 billion
euro ($2.93 billion) loss in the first quarter after writing
down loans in anticipation of the economic damage caused by the
COVID-19 pandemic.
posted on Wednesday a larger-than-expected 2.7 billion
euro ($2.93 billion) loss in the first quarter after writing
down loans in anticipation of the economic damage caused by the
COVID-19 pandemic.
Posted by Reuters
