Sanpaolo CEO sees full-year profit "under pressure"


MILAN, July 31 (Reuters) - Sanpaolo IMI will see profit levels "under pressure" for the rest of the year from volatile markets and flat interest rates, one of the co-chief executives at Italy's second-largest bank said on Wednesday. Luigi Maranzana's comments in a conference call came a day after the bank said in a results statement that elements of its second-quarter results allowed for "cautious optimism" for the rest of the year. Sanpaolo, the first of Italy's major banks to report ...

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