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UniCredit reported a jump in third-quarter net profit and lifted its targets for the full year.

The Italian bank said on 28 October its net profit rose to €1.06bn ($1.23bn) from €680m a year earlier. It was significantly ahead of analysts’ median estimate of €825m based on company-compiled consensus.

Cristina Roca

UniCredit

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UniCredit reports jump in Q3 profits

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