LUKB Posts Drop in First-Quarter Profit on Corona
Luzerner Kantonalbank in the first quarter improved in some areas of its business, but the economic downturn that followed the outbreak of the coronavirus still depressed its profit. Luzerner Kantonalbank (LUKB) had a net profit of 46.9 million Swiss francs ($48 million) in the first quarter of 2020, down 7.4…
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