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Tag: Italian bank

Exclusive: UniCredit widens search for buyers to sell out of Russia

Italian bank UniCredit (CRDI.MI) has widened its search for a buyer for its Russian business beyond local investors, as it steps up efforts to leave the country, two people with knowledge of the matter said.

Exclusive: UniCredit widens search for buyers to sell out of Russia

Italian bank UniCredit (CRDI.MI) has widened its search for a buyer for its Russian business beyond local investors, as it steps up efforts to leave the country, two people with knowledge of the matter said.

UniCredit considers quitting Russia as markets watch for sovereign debt payment

UniCredit (CRDI.MI) is urgently reviewing its Russian business and could decide on a costly exit of the country after its invasion of Ukraine, the Italian bank’s CEO said on Tuesday, as markets watch for a payment on Russian sovereign debt.

Italy’s UniCredit beats profit forecasts and drops Russian deal

Italian bank UniCredit (CRDI.MI) posted better than expected 2021 results on Friday as the push by new Chief Executive Andrea Orcel to lift revenue began to bear fruit while costs remained in check despite rising pay and one-off charges.

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