UniCredit And Italian Banks Are Rallying After A Strong Bond Auction And An...
UniCredit's shares spiked earlier today, driven by reports reports that Samruk-Kazyna, Kazakhstan’s wealth fund, bought a nearly 5% stake in the bank. Samruk-Kazyna has since denied the rumor,...
View ArticleBank Of America Should Be Celebrating, The UniCredit Rights Offering Was A Hit
It was a risk, but it's paying off.Bank of America was the underwriter of Italian bank UniCredit's rights offering (ending today), and these days, putting the words 'Italian' and 'bank' in the same...
View ArticleUniCredit And Italian Banks Are Rallying After A Strong Bond Auction And An...
UniCredit's shares spiked earlier today, driven by reports reports that Samruk-Kazyna, Kazakhstan’s wealth fund, bought a nearly 5% stake in the bank. Samruk-Kazyna has since denied the rumor,...
View ArticleBank Of America Should Be Celebrating, The UniCredit Rights Offering Was A Hit
It was a risk, but it's paying off.Bank of America was the underwriter of Italian bank UniCredit's rights offering (ending today), and these days, putting the words 'Italian' and 'bank' in the same...
View ArticleChief Exec Of Italian Bank UniCredit: Sanctions Are Hurting Europe More Than...
PRAGUE (Reuters) - Sanctions put in place amid the crisis in Ukraine have caused more problems for Europe than Russia, the chief executive of Italian bank UniCredit was quoted as saying in an interview...
View ArticleItaly's largest bank Unicredit is axing 18,200 jobs
MILAN (Reuters) - UniCredit , Italy biggest bank by assets, plans to slash thousands of jobs and restructure or exit its retail business in Austria and leasing operations in Italy as it moves to...
View ArticleShares in Italy's biggest bank went so crazy trading had to be halted
Share trading in Italy's biggest bank, UniCredit, was halted after the stock gained more than 12% on Tuesday.Investors reacted strongly to the bank selling a €328 million stake in online lender...
View ArticleFrance's Amundi to buy Pioneer from UniCredit for £2.9 billion
PARIS (Reuters) - French fund management company Amundi is to buy asset manager Pioneer from Italian bank UniCredit for €3.55 billion (£2.9 billion, $3.75 billion), and will finance the deal with a...
View ArticleItaly's biggest bank is trying a €13-billion fix for its bad debt problem
UniCredit is cutting 14,000 jobs and raising €13 billion (£11 billion) in a record share sale as part of a plan to streamline its business and restructure its balance sheet.The move comes at a pivotal...
View ArticleDeutsche Bank, HSBC, and five other big banks are collaborating on a...
Seven major banks have signed up to a new project aimed at increasing global trade among small and medium-sized businesses using blockchain, or distributed ledger, technology.Deutsche Bank, HSBC, KBC,...
View ArticleGermany's second biggest bank is taking advice from Goldman Sachs as it...
Germany's second-largest lender has hired advisers to prepare for possible takeover bids.Both Goldman Sachs and Rothschild are advising the lender, which has a market capitalisation of €14 billion.Any...
View ArticleItaly's biggest bank reportedly wants to merge with France's Societe Generale...
CEO of UniCredit reportedly keen to begin merger talks with French giant Societe Generale.No discussions have yet been held about merging Italy's biggest lender with France's 3rd largest.Societe...
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