Unicredit News

Companies

'Big shoes to fill': UniCredit shares tumble as CEO Mustier quits

Mustier ruled out mergers and acquisitions, setting him at odds with the consolidation fever sweeping Italy's fragmented banking sector instead pushed for returning cash to shareholdersPiling pressure on Mustier, Intesa Sanpaolo overtook UniCredit as Italy's No. 1 bank by snapping up peer UBI

2 min read1 Dec 2020
Industry

Bank of Baroda to acquire 51% stake in two JVs from UniCredit

Bank of Baroda to acquire 51% stake in Baroda Pioneer Asset Management Company and Baroda Pioneer Trustee Company from UniCredit SPA

1 min read28 Dec 2017
Opinion

The Thun Group’s artful dodge

The Thun Group has spun a web of convoluted logic to distance the industry from potential human rights liabilities arising out of corporate and project financing

4 min read24 Mar 2017
Companies

Italy’s UniCredit bank posts massive $14.5 billion loss

UniCredit said that it incurred 13.2 billion in one-off expenses, which included a previously announced 8.1-billion write-off on bad loans plus other charges

1 min read9 Feb 2017
Industry

Italy’s Monte Paschi flunks stress test, plans to raise capital

Italy's Banca Monte dei Paschi di Siena SpA was the only one of 51 lenders tested by European regulators to have its capital wiped out in the exam's toughest scenario

4 min read31 Jul 2016
Companies

UniCredit posts record €15 billion loss on bad loans, goodwill writedown

The net loss widens from 553 million a year earlier and exceeds the 10.6 billion loss the bank reported in the third quarter of 2011

3 min read11 Mar 2014
Opinion

Europe shares tumble to 3-week low; Total sags

Europe shares tumble to 3-week low; Total sags

2 min read29 Mar 2012
Companies

UniCredit to seek $10 bn, cut 5,000 jobs in dire Q3

UniCredit to seek $10 bn, cut 5,000 jobs in dire Q3

3 min read14 Nov 2011
Opinion

Italian stocks plunge 7.07%

Italian stocks plunge 7.07%

1 min read1 Nov 2011
Companies

Markets to give verdict on new UBS chief

Markets to give verdict on new UBS chief

3 min read26 Sep 2011
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