During the first 9 months of 2019, the profit of the six largest Italian Banks has increased to 9.2 €bln (+2.6 €bln vs 9M 2018), fostered by the impact of non-recurring operations. However, the core business remains under pressure: operating income has been decreasing (-3.1% vs 9M 2018) more than operating costs (-2.5%). From an article in Milano Finanza based on Value Partners’ quarterly bank report, with comments by Maurizio Minelli, Partner, and Andrea Sorbo, Engagement Manager.
La banca resiste ai tassi
- Editado por: Francesco Ninfole
Strategy, supply chain sustainability and streamlining of business processes, the “3S” that have helped companies to ride COVID-19 storm. The view on Milano Finanza by […]
In the 34th edition of Value Partners “Report Banche”: the 2020 first quarter for the major Italian Banks, the early and the future impacts of […]
Digital Transformation does not mean single and sporadic innovation measures; it is a process that integrates functions, business models, and people. A strategic approach throughout […]
An intervention on Milano Finanza by Stefano Sorrentino and Cesare Zanotti. The intervention focus on the opportunities for Italian banks and fintech companies in South […]