UPDATE 1-Webster Q1 loss narrower-than-expected
* Q1 loss/shr $0.08 vs est $0.12
* Lower provision helps results
April 22 (Reuters) - Webster Financial Corp (WBS.N) posted a narrower-than-expected quarterly loss, as the top New England lender set aside less money to cover sour loans.
The company posted a loss of $6.1 million, or 8 cents a share, compared with a loss of $21.6 million, or 41 cents a share, a year ago.
Analysts on average had expected a loss of 12 cents a share, according to Thomson Reuters I/B/E/S.
Provision for loan losses fell to $43 million, from $67 million in the same period a year earlier.
Webster shares closed at $20.67 Wednesday on the New York Stock Exchange. (Reporting by Anurag Kotoky in Bangalore; Editing by Gopakumar Warrier)
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.