UniCredit trims capital guidance after U.S. dispute, Turkey hit

MILAN (Reuters) - Italy's top bank UniCredit missed third-quarter profit forecasts after writing down its stake in a Turkish bank by almost $1 billion and covering for an expected settlement of an Iran sanctions case with the United States.The bank stuck to its 2019 profit goal saying it would step up cost cuts to offset lower revenues but trimmed its core capital target after a hit in the quarter from a falling Turkish lira and higher risk premiums on Italian bonds.Turkey's economic woes and..