Tag: Unicredit

Activity, Channels, Corporate Banking

UniCredit on edge of tomorrow with new innovation team

January 17, 2019

Via: Banking Technology

It will be a mixture of internal and external specialists. Unicredit says this follows on from the recent appointment of Finja Kütz as group chief transformation officer. Kütz says it is an “exciting initiative which aims to actively deliver tangible […]

Activity, Corporate Banking

UniCredit to cut 14,000 jobs

December 13, 2016

Via: Banking Technology

Italy’s largest bank UniCredit plans to raise €13 billion and axe 14,000 jobs over the next two years as it looks to get its finances in order. Along with the job cuts, which amount to about 11% of its workforce, […]

Activity, Corporate Banking

UniCredit Shifts $1 Billion Bad Loan Portfolio Amid Italian Banking Shakeup

October 20, 2016

Via: TheStreet

UniCredit (UNCFF)  shares traded higher Thursday after it announced the sale of a nonperforming loan portfolio to a Polish investor, marking the latest in a string of disposals by the Italian lender. The bank said late Wednesday that it sold […]

Activity, Investment Banking

UniCredit sets up $200 million fintech fund

March 23, 2016

Via: Finextra

Italy’s UniCredit is the latest bank to join the fintech funding arena, committing to a $200 million war chest in partnership with London VC firm Anthemis. UniCredit EVO (equity venture opportunities) will be a dedicated initiative trageting mid-stage startups and […]