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UniCredit lifts steerage as robust web curiosity revenue lifts earnings, income


UniCredit on Wednesday stated that it upgraded its 2023 outlook as its income and earnings rose within the first quarter helped by web curiosity revenue progress.

The Italian financial institution IT:UCG posted a quarterly web revenue of two.06 billion euros ($2.27 billion), in contrast with EUR247 million a yr in the past when its earnings have been affected by Russia-related loan-loss provisions.

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