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UniCredit SpA (CRDI.MI)

CRDI.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

UniCredit says Croatian unit sells 450 mlm euro problem loan portfolio
Monday, 22 May 2017 02:28am EDT 

May 22 (Reuters) - UniCredit says::Croatian unit Zagrebacka Banka has agreed to sell an impaired loan portfolio with a gross book value of 450 million euros to APS Holding's unit APR Delta.Transaction will impact second-quarter financial earnings but portfolio had already been classified as held for sale in first-quarter results.  Full Article

UniCredit CEO sees no changes in dividend payout in 2018-2019
Thursday, 11 May 2017 04:57am EDT 

May 11 (Reuters) - UniCredit CEO Jean Pierre Mustier tells analyst call::No changes to dividend payout are to be expected in 2018-2019.What happens afterwards will depend on impact of Basel 4 rules and some expected adjustments to Pillar 2 requirements.  Full Article

UniCredit shares up 4 pct after Q1 beats expectations
Thursday, 11 May 2017 03:15am EDT 

May 11 (Reuters) - UniCredit::Shares in the lender rise more than 4 percent after results, leading the gainers in Milan's blue-chip index .FTMIB.Italy's biggest bank by assets posted on Thursday a first-quarter net profit of 907 million euros ($986 million), topping expectations due to rising revenues and lower loan losses as a turnaround under new Chief Executive Jean Pierre Mustier gathered pace.nFWN1ID00Y."Strong headlines across the board on asset quality, capital and profit recovery should all support continued re-rating of the stock," investment bank Jefferies said in a note after the results. .  Full Article

UniCredit says Alitalia stake is fully written down
Thursday, 11 May 2017 01:51am EDT 

May 11 (Reuters) - UniCredit CEO Jean Pierre Mustier tells media call::Equity stake in Alitalia is fully written down and credit exposure is fully covered.  Full Article

Gruppo Coin raises 166 mln euros via OVS stake placement, transfer to managers
Wednesday, 10 May 2017 01:14am EDT 

May 10 (Reuters) - Gruppo Coin says: :placed around 11 percent of OVS at 6.11 euros per share through an accelerated bookbuilding to international institutional investors to raise around 152.8 million euros.its ownership interest in OVS decreases to around 31.12 percent.executed transfer of 0.935 percent to OVS CEO and certain other top managers; gross proceeds from the transfer are around 13 million euros.aggregate gross proceeds from accelerated bookbuilding and transfer to managers amount to around 166 million euros .  Full Article

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

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Italy - Factors to watch on May 26

The following factors could affect Italian markets on Friday.