UniCredit SpA

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.

Italy's UniCredit has put a possible bid for Commerzbank on ice as the German rival does not want to engage in negotiations so soon after the collapse of merger talks with Deutsche Bank, four sources said.

Italy's banks could come to the rescue of Carige to safeguard financial stability after U.S. asset manager BlackRock dropped a planned bid for the struggling regional lender, the chairman of UniCredit said on Wednesday.

Italy's banks could come to the rescue of Carige to safeguard financial stability after U.S. asset manager BlackRock dropped a planned bid for the struggling regional lender, the chairman of UniCredit said on Wednesday.

The chairman of Italy's biggest lender, UniCredit, raised the prospect on Wednesday of a joint banking-industry rescue for struggling regional bank Carige if it were deemed necessary to safeguard financial stability.

UniCredit has stepped up preparations for a potential bid for Germany's Commerzbank by drafting in investment bankers including a former top German official, three people familiar with the matter said.

Italy's biggest bank by assets UniCredit said it remained committed to the euro zone's third biggest economy even after announcing it would reduce its exposure to Italy.

Italy's biggest bank by assets UniCredit stuck to its targets for 2019 after posting a net profit of 1.39 billion euros, up 24.7 percent from a year earlier and above analyst expectations.