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UniCredit Group FY 16 financial data: net loss of €11.8 bn

- Net Loss: €11.8 bn. Excluding €13.1 bn one-offs, Group net profit at €1.3 bn.
- Revenues: €18.8 bn (-0.3 per cent FY/FY).
- Total costs: €12.5 bn (+1.5 per cent FY/FY), adjusted cost/income ratio of 58.8 per cent (-3.3p.p. FY/FY).
- Asset Quality: LLP at detalii

Federal Reserve keeps rate at 1/2 to 3/4 percent

Federal Reserve issues FOMC statement: Information received since the Federal Open Market Committee met in December indicates that the labor market has continued to strengthen and that economic activity has continued to expand at a moderate pace. Job gains remained solid detalii

Czech Magic : Implementing Inflation-Forecast Targeting at the CNB

This paper describes the CNB’s experience implementing an inflation-forecast targeting (IFT) regime, and the building of a system for providing the economic information that policymakers need to implement IFT. The CNB’s experience has been very successful in establishing confidence detalii

Unicredit anunta pierderi record de 12 miliarde euro si un deficit de capital

Unicredit a anuntat astazi ca va raporta pentru 2016 pierderi record de aproape 12 miliarde euro, din cauza volumului urias de credite neperformante pe care este nevoita sa le recunoasca. In consecinta, banca va avea un deficit de capital de 2% din minimul de 10% (CET 1 ratio) impus de Banca detalii

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