UBI’s Q1 profit tops forecasts helped by trading gains
UBI Banca on Friday
posted a surprise 12% rise in first-quarter net profit as rising
revenues helped Italy’s fifth-largest bank offset higher
provisions against loan losses related to the COVID-19 crisis.
posted a surprise 12% rise in first-quarter net profit as rising
revenues helped Italy’s fifth-largest bank offset higher
provisions against loan losses related to the COVID-19 crisis.
Posted by Reuters
