Intesa Sanpaolo: Record Profits Despite Lower Interest Rates
Italian banking giant Intesa Sanpaolo (OTCPK: ISNPY )(OTCPK: IITSF ) delivered another stunning set of figures for the first quarter, with its net income hitting record highs despite declining interest rates in Europe. Not surprisingly, this resilienceI like to take a long term, buy-and-hold approach to investing, with a bias toward stocks that can sustainably post high quality earnings. Mostly found in the dividend and income section. Blog about various US/Canadian stocks at 'The Compound Investor', and pr ...