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Mar 15, 2022 · UniCredit is one of a handful of western lenders with a far larger presence in Russia, owing to its retail and commercial banking businesses. The bank warned last week it faced losses of more...
Apr 19, 2024 · WASHINGTON/ROME, April 19 (Reuters) - The European Central Bank is poised to order Italy's UniCredit (CRDI.MI) to cut back its business with Russia, two people with knowledge of the...
Mar 8, 2022 · UniCredit Bank Russia has a self-funded loan position at 2021 year end of EUR7.8bn, RWA of EUR9.4bn and equity of EUR2.5bn. Net of FX hedges, our direct exposure to UniCredit Bank Russia ("UCBR") is reduced to around EUR1.9bn.
Jan 28, 2022 · UniCredit has pulled out of a potential bid for Russian lender Otkritie due to escalating tensions over Ukraine, capping a week of mounting scrutiny over European business ties to Moscow and...
May 7, 2024 · May 7, 2024 at 1:53 AM PDT. Listen. 1:32. UniCredit SpA is likely among lenders that have received a letter by the European Central Bank urging them to reduce their exposure to Russia, after...
Jun 6, 2022 · MILAN, June 6 (Reuters) - 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...
Jul 5, 2022 · July 5, 2022 at 2:36 AM PDT. Listen. 2:50. This article is for subscribers only. UniCredit SpA is considering selling its Russian unit through a structure that would allow the bank to...
