Q1 2022 UniCredit SpA Earnings Call Transcript
Good morning, ladies and gentlemen. Before I hand over to Magda Palczynska, Head of Investor Relations, a reminder that today's call is being recorded. Madam, you may begin.
Good morning, and welcome to UniCredit's First Quarter 2022 Results Conference Call. Andrea Orcel, our CEO, will lead the call. Then Stefano Porro, our CFO, will take you through the financials in more detail. Following Andrea's closing remarks, there will be a Q&A session. (Operator Instructions)
With that, I will hand over to Andrea.
Thank you, Magda. Welcome, and thank you for joining this morning. Our first thoughts over recent weeks have been with those impacted by the war in the Ukraine. It is a tragedy that none of us thought could happen again within Europe's borders. I'm proud of our employees who donated their time and financial support for relief efforts, which we have matched.
In terms of crisis, banks have a dual role. We must help those directly
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