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Italy’s UniCredit says Mustier to stay on as CEO

MILAN (Reuters) – Italy’s biggest bank UniCredit (CRDI.MI) said on Monday Chief Executive Jean Pierre Mustier had confirmed he would remain in his role, following media reports that he was being considered for the top job at rival HSBC (HSBA.L). UniCredit rece... More »

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UniCredit identifies data breach in Italian client records

MILAN (Reuters) – UniCredit (CRDI.MI) said on Monday its cyber security team had identified a data breach involving a file created in 2015 and containing approximately 3 million records, all regarding Italian clients. Italy’s biggest lender by assets said no b... More »

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UniCredit says it will stick to organic growth, mergers difficult

MILAN (Reuters) – Italy’s biggest lender, UniCredit (CRDI.MI), will stick to organic growth in its new business plan, Chief Executive Jean Pierre Mustier said in an interview published in La Stampa newspaper on Monday, saying European mergers were difficult. “... More »

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Pimco buys all of $3 billion UniCredit bond: sources

MILAN/NEW YORK (Reuters) – U.S. fund Pacific Investment Management Co (Pimco) has bought all of a $3 billion, five-year bond offered with a hefty return by Italy’s top bank UniCredit (CRDI.MI) to comply with capital buffer rules, two sources familiar with the ... More »

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UniCredit says to fail ECB capital requirements ahead of cash call

Unicredit’s bank logo is pictured on block notes and pens at the headquarters in Milan, Italy, February 9, 2016. REUTERS/Stefano Rellandini/File Photo Italy’s biggest bank UniCredit (CRDI.MI) said on Monday its end-2016 capital ratios will not meet requirement... More »

France`s Amundi to buy Pioneer from UniCredit for $3.75 billion

The Amundi company logo is seen at their headquarters in Paris, France, October 7, 2015. REUTERS/Philippe Wojazer French fund management company Amundi (AMUN.PA) is to buy asset manager Pioneer from Italian bank UniCredit (CRDI.MI) for 3.55 billion euros ($3.7... More »

UniCredit, SocGen decline to comment on merger rumor

The headquarters of UniCredit bank is seen in Milan, Italy, in this February 8, 2016 file photo. REUTERS/Stefano Rellandini UniCredit (CRDI.MI) and Societe Generale (SOGN.PA) declined to comment on talk of a possible merger between them after their shares rose... More »