UniCredit in court limbo over ECB's Russia demands, sources say
1 day ago · UniCredit said in a presentation to investors at the end of July that the bank aimed to reduce cross-border payments to below 8.5 billion euros ($9.3 billion) and local deposits below 2 billion by ...
UniCredit signs agreement for 500 new jobs, 1,000 voluntary exits
1 day ago · UniCredit has signed an agreement with labour unions for the employment of 500 people and 1,000 voluntary redundancies, Italy's banking union Fabi said on Thursday. ... Reuters, the news and media ...
Exclusive-UniCredit talked to top German officials before stake …
2 days ago · UNCRY. By John O'Donnell, Christian Kraemer and Tom Sims. FRANKFURT (Reuters) - UniCredit executives had conversations with top German government officials, including from the chancellery and the ...
UniCredit boosts its stake in Commerzbank, applies to own up to …
Sep 23, 2024 · UniCredit announced on Monday it had increased its stake in German lender Commerzbank to around 21% and submitted a request to boost the holding to up to 29.9%. The Italian bank acquired the...
UniCredit Raises 2024 Revenue Outlook After Second-Quarter Beat
Jul 24, 2024 · UniCredit raised its revenue guidance for the year after second-quarter earnings rose, beating analysts' expectations. The Italian bank said Wednesday that net profit rose to 2.68 billion euros...
UniCredit Starts €1.7 Billion Share Buyback in Top Payout Pledge
Sep 16, 2024 · UniCredit SpA said it will start buying as much as €1.7 billion ($1.89 billion) of its own stock, underlining Chief Executive Officer Andrea Orcel ’s commitment to an ambitious payout pledge even...
UniCredit Tops Estimates With Lift From Fees, Lending Income
May 7, 2024 · UniCredit Climbs After Higher Fees Lift Profit Past Estimates. CEO Orcel counts on higher fees to offset fading rate boost; Bank to pay out or deploy excess cash by 2027 at the latest
UniCredit Boosts Investor Returns as Profit Triples Estimates
Feb 5, 2024 · UniCredit SpA surged to the highest in more than eight years after the bank boosted shareholder returns on 2023 profit to €8.6 billion ($9.3 billion), once again raising the payout benchmark for...
UniCredit beats profit forecast, prepares for waning rate boost
MILAN, Oct 24 (Reuters) - Italy's UniCredit (CRDI.MI) on Tuesday beat third-quarter profit forecasts, but kept its full-year income goal unchanged and outlined plans to counter an eventual...
Andrea Orcel, the ambitious UniCredit chief eyeing his next deal
Sep 28, 2024 · Almost four decades later, the ambitious UniCredit chief finds himself at the heart of the biggest European banking drama in years — taking on the German government in what could be the first big...