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The Intesa Sanpaolo bank posted a
profit of 806 million euros in the fist quarter which would have
been 902 million if its contribution to a bank settlement fund
were excluded. This compared to a profit of 1.064 billion euros
in the same period last year. Intesa's stock fell 2% before
recovering to show a loss of 1.4%. Intesa San Paolo is Italy's
second-biggest bank after UniCredit.
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