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KM Financial Solutions | Monte dei Paschi sees 1.2 bln euro net profit hit in Q4 from tax change
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Monte dei Paschi sees 1.2 bln euro net profit hit in Q4 from tax change

08 Jan Monte dei Paschi sees 1.2 bln euro net profit hit in Q4 from tax change

Posted at 17:50h in News by
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Italian state-owned bank Monte dei
Paschi di Siena said on Thursday it expected a 1.2
billion euro ($1.3 billion) net profit hit in the fourth quarter
after reducing the value of deferred tax assets on its balance
sheet.

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