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unicredit

Italy Finance Minister sought clarification from UniCredit CEO over Pop Sondrio, sources say

January 30, 2024January 30, 2024
Italy finance minister sought clarification from unicredit ceo over pop sondrio, sources say - photo licensed by shore news network.

By Valentina Za and Giuseppe Fonte MILAN (Reuters) – Italy’s Economy Minister Giancarlo Giorgetti sought clarification from UniCredit CEO Andrea Orcel over the lender’s potential …

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UniCredit CEO says no big impact from bank tax, but uncertainty harmful

September 20, 2023September 20, 2023
Unicredit ceo says no big impact from bank tax, but uncertainty harmful - photo licensed by shore news network.

MILAN (Reuters) – The surprise bank tax Italy’s government introduced in August has no major impact on UniCredit’s earnings, but the uncertainty it stoked is …

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UniCredit CEO says shareholder payouts sustainable as new buyback nears

June 20, 2023
Unicredit ceo says shareholder payouts sustainable as new buyback nears - photo licensed by shore news network.

MILAN (Reuters) – UniCredit can keep rewarding investors at the current pace for at least another two years, its chief executive said on Tuesday as …

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Italy’s UniCredit expands payments partnership with Mastercard

May 26, 2023
Italy's unicredit expands payments partnership with mastercard - photo licensed by shore news network.

ROME (Reuters) – Italy’s second-largest bank UniCredit said on Friday it had entered into an enlarged payments partnership with Mastercard. The agreement covers 13 banks …

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Goldman Sachs lifts UniCredit stake to 7.6%

April 24, 2023
Goldman sachs lifts unicredit stake to 7. 6% - photo licensed by shore news network.

MILAN (Reuters) – Goldman Sachs had raised a stake in Italian bank UniCredit it built mostly through various financial derivative contracts to 7.62% as of …

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UniCredit CEO expects ECB to take ‘balanced approach’ on rate hikes

April 6, 2023
Unicredit ceo expects ecb to take 'balanced approach' on rate hikes - photo licensed by shore news network.

MILAN (Reuters) – The head of Italy’s UniCredit expects the European Central Bank (ECB) to take a ‘balanced approach’ on interest rate hikes, acting on …

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UniCredit kicks off first tranche of share buyback for 2.34 billion euros

April 3, 2023
Unicredit kicks off first tranche of share buyback for 2. 34 billion euros - photo licensed by shore news network.

MILAN (Reuters) – UniCredit will kick off on Monday the first tranche of a share repurchase programme which received supervisory approval last week, a key …

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UniCredit gets ECB approval for 3.34 billion euro share buyback

March 28, 2023
Unicredit gets ecb approval for 3. 34 billion euro share buyback - photo licensed by shore news network.

MILAN (Reuters) – UniCredit said on Tuesday it had received supervisory approval to buy back its own shares for up to 3.34 billion euros ($3.6 …

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Norway wealth fund to vote in favour of UniCredit remuneration plan

March 26, 2023
Norway wealth fund to vote in favour of unicredit remuneration plan - photo licensed by shore news network.

OSLO (Reuters) – Norway’s $1.3 trillion sovereign wealth fund, one of the world’s largest investors, will vote in favour of the UniCredit remuneration package, it …

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UniCredit board member did not quit due to alleged spat over CEO pay – chairman

March 17, 2023
Unicredit board member did not quit due to alleged spat over ceo pay - chairman - photo licensed by shore news network.

MILAN (Reuters) – The former head of the remuneration committee and board member of UniCredit, Jayne-Anne Gadhia, did not quit the bank due to alleged …

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UniCredit CEO says 2022 shareholder payout could top 2021

January 19, 2023
Unicredit ceo says 2022 shareholder payout could top 2021 - photo licensed by shore news network.

MILAN (Reuters) – Italy’s UniCredit may have room to pay out more to shareholders from 2022 earnings than the year before, potentially adding to rewards …

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UniCredit CEO says ‘we’ll see’ when asked about Monte dei Paschi -CNBC

January 18, 2023
Unicredit ceo says 'we'll see' when asked about monte dei paschi -cnbc - photo licensed by shore news network.

MILAN (Reuters) -UniCredit Chief Executive Andrea Orcel on Wednesday did not rule out the Italian bank reassessing a potential acquisition of Monte dei Paschi di …

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UniCredit CEO says Europe may escape recession – CNBC

January 18, 2023
Unicredit ceo says europe may escape recession - cnbc - photo licensed by shore news network.

MILAN (Reuters) – The European economy may be able to avoid the shallow recession expected this year though the effect of higher rates will made …

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UniCredit faces higher ECB capital requirement as risks rise – Bloomberg News

December 9, 2022
Unicredit faces higher ecb capital requirement as risks rise - bloomberg news - photo licensed by shore news network.

(Reuters) – UniCredit SpA is facing the possibility of higher capital requirements next year, with the European Central Bank (ECB) seeking to ensure the Italian …

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UniCredit to give staff in Germany 2,500 euro tax-free bonus-memo

November 18, 2022
Unicredit to give staff in germany 2,500 euro tax-free bonus-memo - photo licensed by shore news network.

MILAN (Reuters) – Italy’s second-largest lender UniCredit will give its staff in Germany a bonus of 2,500 euros ($2,594) to compensate for rising inflation, a …

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UniCredit CEO says firms, families are adjusting, sees recovery at end-2023

September 28, 2022
Unicredit ceo says firms, families are adjusting, sees recovery at end-2023 - photo licensed by shore news network.

MILAN (Reuters) – Italian households and businesses are adjusting to the current economic challenges and this will help the economy recover towards the end of …

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UniCredit to significantly raise 2022 guidance, confident also on 2023 – CEO

September 22, 2022September 22, 2022
Unicredit to significantly raise 2022 guidance, confident also on 2023 - ceo - photo licensed by shore news network.

By Valentina Za MILAN (Reuters) -UniCredit will significantly improve its guidance for the current year when it presents third quarter results after hitting distribution goals …

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UniCredit focused on “internal delivery”, open to M&A in all its markets

September 21, 2022
Unicredit focused on "internal delivery", open to m&a in all its markets - photo licensed by shore news network.

ROME (Reuters) – UniCredit is focused on delivering targets set under its business plan, though it remains ready to seize M&A opportunities in all the …

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UniCredit kicks off second buyback for up to 1 billion euros

September 21, 2022September 21, 2022
Unicredit kicks off second buyback for up to 1 billion euros - photo licensed by shore news network.

MILAN (Reuters) – Italy’s second-biggest bank UniCredit said on Wednesday it was kicking off its second share buyback this year, for up to 1 billion …

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Unicredit CEO eyes acquisitions in Germany -Handelsblatt

September 20, 2022
Unicredit ceo eyes acquisitions in germany -handelsblatt - photo licensed by shore news network.

BERLIN (Reuters) – UniCredit is eyeing acquisitions in Germany as part of plans by Italy’s second-biggest bank to become a fully developed European bank, Chief …

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UniCredit CEO sees “shallow” recession ahead

September 7, 2022
Unicredit ceo sees "shallow" recession ahead - photo licensed by shore news network.

FRANKFURT (Reuters) – UniCredit Chief Executive Andrea Orcel said on Wednesday Italy’s second biggest bank expected a “relatively shallow” recession in Europe followed by a …

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UniCredit CEO Orcel takes direct charge of Italian business – memo

July 6, 2022
Unicredit ceo orcel takes direct charge of italian business - memo - photo licensed by shore news network.

MILAN – UniCredit CEO Andrea Orcel has taken direct responsibility for running the Italian bank’s domestic business after the board decided to remove the country’s …

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UniCredit boss says giving away Russian unit would be morally wrong

June 14, 2022
Unicredit boss says giving away russian unit would be morally wrong - photo licensed by shore news network.

MILAN -Giving up for free the Russian arm of UniCredit would be morally wrong, the Italian bank’s chief executive said on Tuesday. UniCredit runs Russia’s …

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UniCredit well placed to weather Italian debt volatility – CFO

June 8, 2022
Unicredit well placed to weather italian debt volatility - cfo - photo licensed by shore news network.

MILAN – UniCredit is well placed to withstand volatility in Italian government bonds, the group’s finance chief said on Wednesday, dismissing concerns about the impact …

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UniCredit CEO rules out reopening of Monte dei Paschi talks

May 31, 2022
Unicredit ceo rules out reopening of monte dei paschi talks - photo licensed by shore news network.

ROME – UniCredit Chief Executive Andrea Orcel ruled out on Tuesday that talks with Italy’s Treasury over the sale of state-owned bank Monte dei Paschi …

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UniCredit, Citi consider swapping assets with Russian institutions – FT

May 15, 2022
Unicredit, citi consider swapping assets with russian institutions - ft - photo licensed by shore news network.

(Reuters) – UniCredit SpA and Citigroup are exploring asset swaps with Russian financial institutions as western banks trying to avoid heavy writedowns as they exit …

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UniCredit surprises with buyback as it tackles Russia exit

May 5, 2022
Unicredit surprises with buyback as it tackles russia exit - photo licensed by shore news network.

By Valentina Za MILAN -UniCredit cheered investors by saying it would soon start a 1.6 billion euro ($1.7 billion) share buyback put at risk by …

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UniCredit launches staff training pilot project in Italy

May 3, 2022
Unicredit launches staff training pilot project in italy - photo licensed by shore news network.

MILAN – Italian bank UniCredit said it had launched a pilot project to train staff in Italy to try to boost retention rates, weeks after …

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Unicredit Italian diamond fraud case to start anew

April 8, 2022
Unicredit italian diamond fraud case to start anew - photo licensed by shore news network.

MILAN -Proceedings involving Italian bank Unicredit over alleged fraudulent diamond sales will start again from scratch, judicial sources said on Friday, increasing the risk many …

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UniCredit completes sale of Turkey’s Yapi Kredi

April 1, 2022
Unicredit completes sale of turkey's yapi kredi - photo licensed by shore news network.

MILAN – UniCredit has finalised the sale of its remaining 18% stake in Turkey’s Yapi Kredi Bank to Istanbul-listed Koc Holding, Italy’s second-biggest lender said …

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UniCredit shares open down 8% on Ukraine crisis

February 24, 2022
Unicredit shares open down 8% on ukraine crisis - photo licensed by shore news network.

MILAN – Shares in UniCredit, whose Russian arm is one of the largest lenders in the country, fell as much as 8% on Thursday, before …

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SoftBank-backed doValue in talks with UniCredit over contract

February 18, 2022
Softbank-backed dovalue in talks with unicredit over contract - photo licensed by shore news network.

MILAN – Italy’s biggest bad loan firm doValue is discussing a possible extension of its contract with UniCredit but in the meantime has made prudent …

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Italy’s Banco BPM has no information about potential UniCredit bid – source

February 11, 2022February 11, 2022
Italy's banco bpm has no information about potential unicredit bid - source - photo licensed by shore news network.

MILAN – Italy’s Banco BPM has not received any information about a possible bid from bigger rival UniCredit, a source close to the bank said …

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