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UniCredit

SIA

SIA completes acquisition of Unicredit emoney activities in three European countries

28/12/2016(0)
Friday 23rd December 2016 saw the completion of the acquisition by SIA of the processing activities of around 13.5 million payment cards and the management of 206,000 POS terminals ... Read More
UniCredit

UniCredit to raise billions and cut 14,000 jobs

13/12/2016(0)
UniCredit, Italy’s biggest bank, is planning to raise €13bn (£10.9bn) and cut 14,000 jobs over the next two years in a bid to return to financial health. The bank ... Read More
UniCredit

Woes at Italy’s Biggest Bank Reverberate in Europe

12/09/2016(0)
Troubles could worsen already-weak economy, imperil continent’s fragile financial stability For UniCredit SpA, the summer of discontent for Italy’s banks looks likely to stretch well into the fall—and possibly beyond. UniCredit, ... Read More
European-Stocks

European stocks suffer 2nd straight fall

02/06/2016(0)
European stocks finished lower Wednesday, with mining shares among the biggest laggards after lackluster Chinese manufacturing data underscored worries about the health of the world’s second-largest economy. The Stoxx ... Read More
Italian flag

Italy Forms $5.7 Billion Fund to Shake Off Doubts in Banks

12/04/2016(0)
Fund to help weakened banks sell shares and unload bad loans Atlante fund managed by Quaestio Capital investment firm Italian officials and bank executives agreed to create a multibillion-euro ... Read More
jobs-unemployment

Big Banks Cutting Tens Of Thousands Of Jobs; Huge Implications

16/09/2015(0)
Money center banks — which over the past few decades have grown into the biggest financial entities the world has ever seen — appear to have hit a wall, ... Read More
Russian-Flag

Cutting Russia off SWIFT banking network would be catastrophic — UniCredit representative

30/04/2015(0)
In case of a cut-off, Russia will be much more effective in adopting a different system of payments, maybe in cooperation with China, and many Western banks will collapse ... Read More
Broker Cyprus TopFX