UniCredit

Meeting on Croatian 10-year Eurobond to take place in London on Friday

Croatia has mandated Citi, HSBC, Morgan Stanley and UniCredit to arrange fixed income investor meetings in London on March 10, Reuters news agency said on Thursday.

Italy's UniCredit posts 2016 loss, setting aside money for loan risks

Italy's UniCredit bank posted a loss on Thursday for the full year, but is nevertheless confident its restructuring plan will pull the lender out of the red.

Italy's UniCredit announces recapitalization, bad loan sale, job cuts

Italy's biggest bank by assets, UniCredit, unveiled Tuesday a major restructuring plan hinging on a 13-billion-euro (13.8-billion-dollar) recapitalization, the sale of 17.7 billion euros' worth of bad loans, and more aggressive job cuts.

Italy's UniCredit raises 3.9 billion euros with Pioneer asset sale

Italy's biggest bank by holdings, UniCredit, said Monday it was going to cash in 3.86 billion euros (4.1 billion dollars) from the sale of its asset management firm, Pioneer, to France' Amundi, in a deal announced on the eve of a major restructuring plan.

UniCredit sells stake in Polish bank Pekao to strengthen capital

Italy's biggest bank by assets, UniCredit, said Thursday it was going to sell a 32.8-per-cent stake in Polish subsidiary Pekao to insurance company PZU and state development fund PFR for 2.4 billion euros (2.6 billion dollars).

Franak: UniCredit has not grounds for arbitration over CHF loans

Italy's UniCredit, the owner of Zagrebacka Banka (ZABA), has no grounds for arbitration over Croatia's law on the conversion of Swiss franc loans at the International Center for the Settlement of Investment Disputes (ICSID) because Italy withdrew from its investment protection agreement with Croatia, the Franak association, which brings together holders of those loans, said on Tuesday.

UniCredit shares continue fall despite higher profit, less bad loans

Italy's largest bank by assets, UniCredit, reported Wednesday higher profit and a reduction in exposure to bad loans, but still suffered stock market falls amid lingering concerns about its financial solidity.

New UniCredit CEO sees need for stronger capital base

Frenchman Jean-Pierre Mustier, appointed Thursday as the new chief executive officer at Unicredit, said he would work to strengthen the troubled Italian bank's capital base and improve its bottom line.

Croatia hires 4 investment banks for euro bond

Croatia has hired Citigroup, HSBC, Societe Generale and UniCredit to lead manage a euro bond, Reuters reported on Monday citing its sources.