News and Articles and News tagged 'banking'

Net profit of the Italian UniCredit bank in II quarter 2013 increased by 113.8% – up to 361 million euros

Net profit of the Italian UniCredit bank in II quarter 2013 increased by 113.8% - up to 361 million eurosNet profit of the Italian banking group UniCredit in the II quarter of 2013 increased by 113.8% – up to 361 million euros, compared with a profit of 169 million euros recorded in the same period in 2012. These data are presented in the report of the bank.

The rate for net income exceeded the forecasts of analysts who predicted that it will amount to 349 million euros. The bank explains the increase in net income of 254 million euros profit from the repurchase of own bonds and lower costs. Read more »

Intesa Sanpaolo Opens a Representative Office in Sydney

Intesa Sanpaolo Opens a Representative Office in SydneyThe new office will refer to the Hub Branch in Hong Kong, confirming the Group’s commitment of Italian companies operating or intending to operate on foreign markets to seek new opportunities for growth.

The Intesa Sanpaolo office in Sydney is the territorial reference to Australia’s international network of the Corporate & Investment Banking and will be coordinated by the Branch Hub in Hong Kong, responsible for the Asia-Pacific, where the Group also has offices in Shanghai, Singapore, Tokyo, Beijing, Ho Chi Minh City, Mumbai and Seoul. Read more »