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UniCredit SpA (CRDI.MI)

CRDI.MI on Milan Stock Exchange

28 Apr 2017
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Latest Key Developments (Source: Significant Developments)

Record quarterly inflows boost Amundi's assets to 1.13 trln eur
Friday, 28 Apr 2017 01:00am EDT 

April 28 (Reuters) - Amundi says assets under management at 1.13 trln eur at end-March, up 4.2 pct vs end-2016:Amundi says q1 net inflows at 32 bln eur; q1 net income at 147 mln eur, up 13.2 pct vs a year ago.Amundi says the acquisition of Pioneer Investments is still expected to be finalised in mid-2017 as the authorisation process is proceeding on schedule.Amundi says capital increase initiated on march 14 was highly successful, a total of 1.4 bln eur was raised and 33,585,093 new shares were issued on 10 april 2017.Amundi says free float now accounts for 29.8 pct of shares, Credit Agricole group now holds 70 pct of the share capital.Amundi says has now become the largest market cap of all european asset managers and ranks no. 5 worldwide.  Full Article

Italian entrepreneur Caltagirone has not subscribed UniCredit cap hike
Wednesday, 26 Apr 2017 07:00am EDT 

April 26 (Reuters) - UniCredit::Italian entrepreneur Francesco Gaetano Caltagirone says his company, Caltagirone Spa, has not subscribed the lender's capital increase.Caltagirone held a stake of around 1 percent in the bank before the capital increase .  Full Article

UniCredit CEO says strategic plan based on organic growth
Thursday, 20 Apr 2017 09:00am EDT 

April 20 (Reuters) - UniCredit Spa CEO Jean-Pierre Mustier tells shareholder meeting::bank's strategic plan is based on organic growth, there is nothing left to sell or buy.  Full Article

UniCredit says lost 500 mln euros through Alitalia investment till now
Thursday, 20 Apr 2017 06:57am EDT 

April 20 (Reuters) - UniCredit Managing Director Gianni Franco Papa tells a shareholder meeting: :bank has lost 500 million euros through its Alitalia investment up to now.all financing options for Alitalia on the table in line with state aid rules.  Full Article

Return on equity at Italian banks fell to -9.9 pct in 2016-BOI
Thursday, 13 Apr 2017 09:04am EDT 

Italian central bank says in its monthly report: Return on equity at leading Italian banks fell to minus 9.9 percent in 2016, versus 3.5 percent in 2015 . Italian banks took just over 67 billion euros of funds from the European Central Bank at March tender for so-called Tltro financing operation . New problematic loans at Italian banks fell to 2.3 percent of total loans in the last three months of 2016, from 2.6 percent a year earlier . Coverage ratio of impaired loans rose to 51.7 percent in Q4 from 47.3 percent in the previous quarter Further company coverage: [CRDI.MI][ISP.MI][BMPS.MI][BAMI.MI] (Reporting by Milan newsroom).  Full Article

Gross bad loans at Italy banks rise in Feb-Bank of Italy
Tuesday, 11 Apr 2017 04:41am EDT 

Italian banks: Gross bad loans rose to 203.05 billion euros in February versus a revised data of 202.03 billion euros in January, according to Bank of Italy data . Lending to non financial companies edged 0.1 percent higher in February after increasing 0.9 percent in January (Reporting by Milan Newsroom).  Full Article

Credit Agricole confirms sale of Amundi preferential subscription rights
Wednesday, 15 Mar 2017 02:45am EDT 

Credit Agricole /Amundi : Announces successful sale of 56,720,400 Amundi preferential subscription rights for approximately 67 million euros ($71 million) . Sale forms part of Amundi's previously announced 1.4 billion euros rights issue to help finance Amundi's takeover of Pioneer Investments from Italian bank UniCredit [nL5N1GR0PE] .Credit Agricole to hold around 70 pct of Amundi's share capital once the rights issue has been completed, as previously announced.  Full Article

UniCredit end-2016 transitional CET 1 after cash call 11.49 pct
Monday, 13 Mar 2017 01:43pm EDT 

UniCredit says: after completion of capital increase CET 1 transitional ratio at end-2016 at 11.49 percent Further company coverage: [CRDI.MI] (Reporting by Milan newsroom).  Full Article

Capital Research held 4 pct of UniCredit on Feb. 28 outside of cash call - filing
Thursday, 2 Mar 2017 12:05pm EST 

UniCredit: Capital Research and Management Company held 4 percent of UniCredit as of Feb. 28, without taking into account participation in capital increase, a filing by market regulator Consob shows . The Los Angeles-based fund previously held a stake in UniCredit of 6.7 percent . La Stampa daily said on Wednesday that Capital Research & Management had strengthened its position as the top shareholder in UniCredit through the share issue and now owns a stake of more than 8 percent in Italy's biggest bank.[nI6N1FU02J] Further company coverage: [CRDI.MI] (Reporting by Milan newsroom).  Full Article

Yapi Kredi sells 140-million euro NPL portfolio
Thursday, 2 Mar 2017 06:37am EST 

UniCredit says: Instanbul-based Yapi Kredi sells non performing credit portfolio, composed of credit cards and individual loans, worth total of 140 million euros . sale is part of UniCredit's ongoing strategy to reduce non performing exposure (NPE), but transaction will not impact UniCredit's NPE . Yapi Kredi is 81.8 percent owned by Koc Finansal Hizmetler As, which is in turn 50 percent owned by UniCredit. Further company coverage: [CRDI.MI] (Reporting by Milan newsroom).  Full Article

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BRIEF-Capital Research held 5.07 pct of UniCredit on April 25 - filing

* Capital Research and Management Company held 5.07 percent of Italy's biggest bank by assets on April 25, according to a filing published by the Italian market watchdog on Friday