Monday, March 4, 2013

FOXBusiness.com: Italy's Banco Popolare Issues Warning on 2012 Earnings

FOXBusiness.com
FOX Business Network - The Power to Prosper
Italy's Banco Popolare Issues Warning on 2012 Earnings
Mar 5th 2013, 00:04

Italy's cooperative bank Banco Popolare SC (BP.MI) on Monday issued a profit warning on its 2012 earnings as it expects larger losses by its consumer credit unit, Agos Ducato, and higher loan loss provisions in the fourth quarter.

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