Latest news for Mediobanca (OTC:MDIBF) Stock

Mediobanca SpA is an Italian banking group that was founded as a pure investment bank. It has three operating units: corporate and investment banking, consumer finance, and wealth management. Historically, Mediobanca had a majority portfolio of equity investments in some of its clients. After a period of aggressively selling assets in its principal investments division, its stake in Italy's insurer, Generali, now makes by far the bulk of Mediobanca's principal investments portfolio.

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MDIBF

Mediobanca Reports 56% Decline In Q1 Net Profit

Mediobanca SpA

<p>Mediobanca SpA (OTC: MDIBF) reported a 56% decline in its first-quarter net profit.</p>

<p>Mediobanca's quarterly net profit fell to EUR56.8 million, from EUR127.6 million, in the year-ago period. Mediobanca's quarterly net interest income climbed 7.5% to EUR281.8 million from EUR262.1 million. 
</p>

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Mediobanca

Mediobanca SpA (OTC: MDIBF) reported a 56% decline in its first-quarter net profit.

Mediobanca's quarterly net profit fell to EUR56.8 million, from EUR127.6 million, in the year-ago period. Mediobanca's quarterly net interest income climbed 7.5% to EUR281.8 million from EUR262.1 million. 


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Latest news for Mediobanca (OTC:MDIBF) Stock

Friday, October 28, 2011