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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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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.
The European Central Bank should take action to reduce the impact of negative interest rates on banks, UniCredit Chief Executive Jean-Pierre Mustier said on Thursday, recommending general charges for cash deposits and ECB purchases of bank bonds.
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.
Italy's biggest bank UniCredit has no need to drastically reduce so-called 'unlikely-to-pay' loans and will choose the best recovery options even if that entails keeping the loans on its books, a top executive said.
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 <CRDI.MI> 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 <CRDI.MI>, 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 <CRDI.MI>, 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, 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.
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