Milan

Mediobanca posts 180-bn-euro loss

Lower than expected but no dividend

Mediobanca posts 180-bn-euro loss

Milan, September 17 - Mediobanca posted a loss of 180 million euros in the 2012-2013 fiscal year, the Milan investment bank said Tuesday. The one-time linchpin of the Italian financial and industrial system had an 81-million-euro profit last year. It was expected to lose around 200 million this year. Mediobanca will issue no dividend.

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