Edition:
United Kingdom

UniCredit SpA (CRDI.MI)

CRDI.MI on Milan Stock Exchange

14.40EUR
3:18pm BST
Change (% chg)

€-0.47 (-3.15%)
Prev Close
€14.87
Open
€14.96
Day's High
€14.96
Day's Low
€14.39
Volume
15,116,951
Avg. Vol
17,625,105
52-wk High
€18.38
52-wk Low
€13.53

Latest Key Developments (Source: Significant Developments)

MBcredit Solutions to buy 204 mln euros in bad consumer loans from UniCredit
Wednesday, 20 Jun 2018 

June 20 (Reuters) - UniCredit::MBCREDIT SOLUTIONS SAYS BUYS 124 MILLION EUROS IN NON-PERFORMING CONSUMER LOANS FROM UNICREDIT, HAS ACCORD TO BUY FURTHER 80 MILLION EUROS IN REST OF 2018.MBCREDIT SOLUTIONS OWNS NON-PERFORMING PORTFOLIO OF AROUND 4.4 BLN EUROS.  Full Article

UniCredit says cashes shares treatment compliant with rules
Tuesday, 8 May 2018 

May 8 (Reuters) - UniCredit says::ACKNOWLEDGES RECEIPT OF A LETTER FROM CAIUS CAPITAL REGARDING REGULATORY CAPITAL TREATMENT OF SHARES UNDERLYING CASHES.REGULATORY TREATMENT OF CASHES SHARES HAS BEEN FULLY DISCLOSED TO MARKET AND CONFIRMED AND REVIEWED BY COMPETENT REGULATORS.CASHES SHARES CAPITAL TREATMENT IS COMPLIANT WITH APPLICABLE REGULATIONS.CASHES SHARES' CURRENT CONTRIBUTION TO OVERALL CAPITAL POSITION OF BANK HAS NO MATERIAL IMPACT ON GROUP'S REGULATORY RATIOS.  Full Article

KMGI says extends $360 mln credit line by 2021
Friday, 20 Apr 2018 

April 20 (Reuters) - Oil refiner KMG International(KMGI) :* KMGI, controlled by Kazakhstan's state oil and gas company, KazMunayGas says extends $360 million credit line by 2021..* Says it has amended and extended its $360 million multi-currency revolving credit facility on Friday. The amended maturity of this loan is three years with two one-year extension options, which the company has the ability to apply for..* Says the loan was arranged by a syndicate of banks, comprising the following four mandated lead arrangers that provided the amount in equal proportions: ING Bank N.V. through ING Bank N.V– Bucharest Branch, Banca Comerciala Romana, Raiffeisen Bank SA and UniCredit Bank SA..* Says the credit facility, guaranteed by KMG International, will be used by Rompetrol Rafinare, Rompetrol Downstream, KazMunayGas Trading and KMG Rompetrol for their general financing needs and for the creation of an efficient operating environment ensuring smooth running of their business..* Fully owned by the national oil and gas company of Kazakhastan - KazMunayGas, KMG International is an integrated oil group with headquarters in Amsterdam, which owns and carries out major operations in refining, petrochemicals, retail and trading in 11 main markets..* The 2017 operating result (EBITDA) was $242 million – 20 percent higher than in 2016 and 3 times higher than in 2012. Likewise, the net result for 2017 was $80 million or 6 times higher than the one achieved in 2016..  Full Article

UniCredit Confirms Mustier As CEO, Appoints Bisoni Deputy Chairman
Friday, 13 Apr 2018 

April 13 (Reuters) - UniCredit SpA ::SAYS HAS APPOINTED AS CHAIRMAN OF BOARD FABRIZIO SACCOMANNI AND JEAN PIERRE MUSTIER AS CHIEF EXECUTIVE OFFICER (CEO).SAYS BOARD APPOINTED AS DEPUTY CHAIRMAN CESARE BISONI.  Full Article

UniCredit CEO Says his commitment to bank is for long term, beyond 2019
Thursday, 12 Apr 2018 

April 12 (Reuters) - UniCredit CEO Jean Pierre Mustier says::HIS COMMITMENT TO COMPANY IS LONG TERM, WAY BEYOND 2019.INDUSTRIAL PLAN IS ONLY AT THE BEGINNING, "NOT EVEN HALF WAY THROUGH".ALL MANAGEMENT TEAM FOCUSED ON IMPLEMENTATION OF PLAN, WILL BE COMMITTED WELL BEYOND 2019.  Full Article

ERG Secondary Accelerated Bookbuild Offering: Orders Below €18.60 Per Share Risk Missing, Books Close At 6.45PM UK - Bookrunner
Tuesday, 10 Apr 2018 

April 10 (Reuters) - Bookrunner (ERG SECONDARY ABO)::ERG SECONDARY ACCELERATED BOOKBUILD OFFERING: BOOKRUNNER SAYS ORDERS BELOW €18.60 PER SHARE RISK MISSING, BOOKS CLOSE AT 6.45PM UK.  Full Article

Unicredit CEO says mergers risk delaying a bank's transformation
Thursday, 18 Jan 2018 

Jan 18 (Reuters) - UniCredit CEO Jean Pierre Mustier tells Reuters Breakingviews event::Benefits of consolidation and bigger scale in a merger need to outweigh the fact that integration delays the transformation of banks.When you merge, you spend more time integrating rather than transforming, risk going back versus your competitors.Reiterates Unicredit's business plan based on organic growth.  Full Article

UniCredit: De Falco To Replace Ogliengo As Head Of CIB Italy
Friday, 12 Jan 2018 

Jan 12 (Reuters) - UNICREDIT ::APPOINTS ALFREDO MARIA DE FALCO HEAD OF CORPORATE & INVESTMENT BANKING ITALY.APPOINTS NICOLA D’ANSELMO DEPUTY HEAD OF CORPORATE & INVESTMENT BANKING ITALY.DE FALCO AND D’ANSELMO WILL TAKE OFFICE FROM 1 MARCH 2018.VITTORIO OGLIENGO, CURRENT HEAD OF CORPORATE & INVESTMENT BANKING ITALY, WILL BE LEAVING AT FEB-END.  Full Article

CNP Assurances And Unicredit Renew Partnership In Italy‍​
Wednesday, 20 Dec 2017 

Dec 20 (Reuters) - CNP ASSURANCES ::CNP ASSURANCES AND UNICREDIT RENEW THEIR PARTNERSHIP IN ITALY‍​.RENEWAL OF PARTNERSHIP IN LIFE INSURANCE BUSINESS IN ITALY THROUGH COMPANY CNP UNICREDIT VITA.  Full Article

UniCredit Gets Funds From EIB To Invest In Italian Agriculture and Renewables
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - UNICREDIT ::SIGNS WITH EUROPEAN INVESTMENT BANK AGREEMENT FOR TWO FINANCING LINES FOR TOTAL OF EUR 350 MILLION.FINANCING TO BE USED FOR ITALIAN COMPANIES FOR INVESTMENTS IN AGRICULTURE AND RENEWABLES SECTOR.  Full Article

UPDATE 1-Italian bonds, stocks and euro hit as govt appoints eurosceptics

LONDON, June 21 Italy's bond yields rose, its stocks fell and the euro weakened on Thursday after the Italian government appointed two eurosceptics to head key finance committees.