UniCredit, Italy’s Largest Bank, Posts Surprisingly Big Loss – New York Times


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UniCredit, Italy’s Largest Bank, Posts Surprisingly Big Loss
New York Times
FRANKFURT — UniCredit, Italy’s largest bank, reported Tuesday a stunningly large fourth-quarter loss of 15 billion euros, or about $21 billion. The bank acknowledged that its holdings were far less valuable than previously thought and set aside a huge
Italy’s UniCredit posts record loss on bad loans, goodwill writedownWorcester Telegram
UniCredit Posts Record Loss on Bad Loans, Goodwill WritedownBusinessweek
UniCredit posts record Q4 loss of $21 billion as it cleans up balance sheetThe Republic
Reuters-Wall Street Journal
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