May 23, 2013 / 8:31 AM / in 5 years

UniCredit CEO sees Q2 results in line with Q1

ROME, May 23 (Reuters) - UniCredit’s performance in the second quarter of the year is in line with the first quarter, Chief Executive Federico Ghizzoni said on Thursday.

Italy’s largest bank by assets reported a higher-than-expected net profit of 449 million euros in the first three months of the year thanks to lower loan loss provisions and a strong trading income.

“The second quarter is in line with the first, I cannot say more,” Ghizzoni told reporters on the sidelines of a conference in Rome.

Reporting by Giuseppe Fonte, editing by Silvia Aloisi

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