<div>UPDATE 1-Italy's UniCredit braces for coronavirus-led loan defaults</div> <!-- no image --> <div>Italy's UniCredit on Wednesday became the first major euro zone bank to write down the value of its loans to reflect the economic impact of the coronavirus crisis.<div class="feedflare"> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=JPZpbFFcPuE:c8zjopidaCE:yIl2AUoC8zA"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?d=yIl2AUoC8zA" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=JPZpbFFcPuE:c8zjopidaCE:V_sGLiPBpWU"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=JPZpbFFcPuE:c8zjopidaCE:V_sGLiPBpWU" border="0"></a> <a href="http://feeds.reuters.com/~ff/reuters/UKBankingFinancial?a=JPZpbFFcPuE:c8zjopidaCE:F7zBnMyn0Lo"><img src="http://feeds.feedburner.com/~ff/reuters/UKBankingFinancial?i=JPZpbFFcPuE:c8zjopidaCE:F7zBnMyn0Lo" border="0"></a> </div><img src="http://feeds.feedburner.com/~r/reuters/UKBankingFinancial/~4/JPZpbFFcPuE" height="1" width="1" alt=""></div> Posted by Reuters