Comment on Intesa SanPaolo earnings slide on weaker trading, charges

Intesa SanPaolo earnings slide on weaker trading, charges

MILAN (AP) — Intesa SanPaolo says first-quarter net income slid by 25 percent due to a softer trading performance and contributions it made to a fund to support weaker Italian banks. Provisions for bad loans dropped to 694 million euros, the lowest since 2011, reflecting an improved credit trend.

 

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