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Unicredit Appoints Cedric Derras As Head Of CIB Middle East And Africa
Unicredit Appoints Wouter Devriendt As Head Of Finance & Control
Unicredit Appoints Lamberto Andreotti As Vice Chairman Of Board Of Directors
UniCredit SpA is an Italy-based holding company engaged in the financial sector. Its division model is based on seven business lines: Commercial Banking Italy, Central and Eastern Europe (CEE), Corporate and Investment Banking (CIB), Commercial Banking Germany, Commercial Banking Austria and Fineco. UniCredit SpA offers banking and financial services for families, individuals and corporate clients, such as accounts, loans, mortgages, investments, wealth management, as well as financial advice and insurance products, among others. Through numerous subsidiaries, the Company operates in the domestic market, Germany, Austria and CEE.
Piazza Gae Aulenti 3 - Tower A
Non-Executive Chairman of the Board
Jean Pierre Mustier
Chief Executive Officer
Non-Executive Independent Vice Chairman of the Board
Mirko Davide Georg Bianchi
Chief Financial Officer
Ranieri de Marchis
Co-Chief Operating Officer
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* Bank ready to set up new holding for foreign assets-sources
UniCredit <CRDI.MI> has sold 6.06 billion euros ($6.8 billion) in bad loans to a securitization vehicle, Scope Ratings said, as Italy's biggest bank works to meet stepped-up soured debt reduction goals this year.
The head of a leading shareholder in UniCredit <CRDI.MI> said he hoped Italy's biggest bank would take "extraordinary steps" under a new business plan to counter a poor share price performance.
UniCredit <CRDI.MI> will only apply negative rates to customer deposits of more than 1 million euros ($1.1 million), the Italian bank said on Monday, clarifying comments by its CEO last week which drew angry reactions from unions and consumer groups.
Unicredit, Italy's biggest lender, is working on measures to transfer the European Central Bank's negative rates onto clients holding more than 100,000 euros ($110,000) in their accounts, Chief Executive Jean-Pierre Mustier said on Wednesday.
UniCredit, Italy's biggest bank, is set to announce a 5 billion euro ($5.5 billion) sale of non-performing home mortgages next month, two sources familiar with the matter said.
Italy's biggest bank UniCredit <CRDI.MI> is on track to meet its goals to cut soured debts and has no need for large disposals of so-called "unlikely-to-pay" loans, a senior executive said on Friday.
UniCredit is seeking non-binding bids to sell up to 1 billion euros ($1.1 billion) in so-called "unlikely-to-pay" (UTP) loans by the end of September, a source close to the matter said, as Italy's top bank steps up its clean-up efforts.
Fabrizio Saccomanni, chairman of Italy's biggest bank UniCredit <CRDI.MI> and a former Italian economy minister, has died suddenly at the age of 76.
Italy's UniCredit could move a presentation of its latest business plan from London to Milan in the event of a no-deal Brexit, Chief Executive Jean Pierre Mustier said on Wednesday, emphasising the bank's European focus.
Italy's biggest bank by assets UniCredit <CRDI.MI> on Wednesday cut its revenue target for 2019, citing expectations that interest rates will remain low for some time due to an economic slowdown in Europe.
Italy's biggest bank by assets UniCredit said on Wednesday it was carrying out its own investigation in relation to a major data breach at capital one Financial Corp.
Any workforce reduction at Italy's UniCredit <CRDI.MI> will be handled through early retirements, its chief executive said in a letter to staff on Tuesday following media reports the bank was preparing to announce 10,000 job cuts.
Italy's biggest bank by assets UniCredit <CRDI.MI> is considering cutting around 10,000 jobs, or 10% of its global workforce, as part of a new business plan to be unveiled in December, two sources close to the matter said on Monday.
Italy's biggest bank by assets UniCredit is considering cutting around 10,000 jobs, or 10 percent of its global workforce, as part of a new business plan to be unveiled in December, two sources close to the matter said on Monday.
Italy's biggest bank by assets, UniCredit, could consider the notion of putting its foreign operations into an offshore holding company, but it is not an urgent issue, Chairman Fabrizio Saccomanni said on Friday.
Italy's biggest bank by assets, UniCredit, plans to review its corporate structure and could ring-fence its foreign operations from its systematically risky home market, two sources said on Tuesday.
Italy's biggest bank by assets UniCredit is looking to hire an adviser to review its corporate structure to strengthen its European profile and improve funding conditions, a source familiar with the matter said.
Italy's biggest bank by assets UniCredit said on Monday it would sell its remaining 18.3% stake in online broker FinecoBank via accelerated book building.
Italy's biggest lender, UniCredit <CRDI.MI>, will stick to organic growth in its new business plan, Chief Executive Jean Pierre Mustier said in an interview published in La Stampa newspaper on Monday, saying European mergers were difficult.
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