UniCredit SpA (CRDI.MI)
15 Dec 2017
Fri, Dec 15 2017
(The following statement was released by the rating agency) LONDON/MILAN, December 15 (Fitch) Fitch Ratings has affirmed UniCredit S.p.A.'s Long-Term Issuer Default Rating (IDR) at 'BBB' and its Viability Rating (VR) at 'bbb'. The Outlook on the Long-Term IDR is Stable. A full list of rating actions is at the end of this rating action commentary. KEY RATING DRIVERS VR, IDRS, DERIVATIVE COUNTERPARTY RATING (DCR) AND SENIOR DEBT UniCredit's ratings reflect Fitch's expectation that the bank will co
* UNICREDIT ISSUES ADDITIONAL TIER 1 PERPNC7.5 NOTES (AT1) FOR EUR 1 BILLION
MILAN/LONDON Italy's biggest bank UniCredit raised its 2019 dividend goal and pledged to shed more soured debts despite regulatory pressures, as part of a turnaround under CEO Jean Pierre Mustier.
* Brings forward part of expected capital hit from rule changes (Adds details on core capital)
MILAN/LONDON Italy's top bank UniCredit raised its 2019 dividend goal and pledged to shed more soured debts as it pressed on with a turnaround under CEO Jean Pierre Mustier, fending off adverse regulatory changes.
LONDON, Dec 12 (IFR) - UniCredit has sold down its holding of a €16.2bn portfolio of bad loans to below 20% after agreeing a sale with Italian insurer Generali.
Dec 12 UniCredit CEO Jean Pierre Mustier tells press briefing:
Dec 12 UniCredit CEO Jean Pierre Mustier tells media call:
MILAN, Dec 12 Italy's biggest bank UniCredit on Tuesday pledged to shed more soured loans than previously envisaged as it updated its business plan to 2019 and raised its dividend payout.
MILAN Shareholders in UniCredit gave their near unanimous approval on Monday to proposed changes in its governance rules to make Italy's top bank more attractive to investors.