unicredit

Top Italian Banking Stocks on FTSEMIB: Monte dei Paschi di Siena, BPER Bank, UniCredit Gain in Afternoon Trading; Investment Director Predicts Positive Future

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Top Italian Banking Stocks on FTSEMIB: Monte dei Paschi di Siena, BPER Bank, UniCredit Gain in Afternoon Trading; Investment Director Predicts Positive Future

Spotlight on main Italian banking stocks at FTSEMib. At 4.50 pm Monte dei Paschi di Siena it gained 5.98% to 3.228 euros, BPER Bank 3.3% to 3.126 euros e UniCredit 2.1% to 25.08 euros. Niall Gallagher – Investment Director of GAM – believes that, looking forward to 2024, the prospects remain positive for the sector … Read more

European Stock Exchange Travels Weakly, Wall Street Optimism Not Enough to Boost Parity – Investors Await US Inflation Data

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European Stock Exchange Travels Weakly, Wall Street Optimism Not Enough to Boost Parity – Investors Await US Inflation Data

4′ reading (Il Sole 24 Ore Radiocor) – While waiting for the Christmas break and the data on American inflation, the European stock exchanges they are traveling weakly, despite the optimism of Wall Street, which rebounded the day before. So they oscillate around parity the FTSE MIB of Milan, the CAC 40 of Paris, the … Read more

Unicredit and Hines Consortium Wins Redevelopment Tender for Former Scalo Farini in Milan

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1′ reading The tender for the redevelopment of the former Scalo Farini in Milan has a winner. The winner of the area put on the market by Fs Sistemi Urbani was the consortium formed by the Americans from Hines together with Unicredit which defeated with its offer the competing consortium originally formed by Coima and … Read more

Exploring Alternative Methods of Payment: The Impact of High Transaction Fees on Cash and Card Transactions

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Exploring Alternative Methods of Payment: The Impact of High Transaction Fees on Cash and Card Transactions

The use of cash is certainly not experiencing a massive comeback, but it turns out that the fees for terminals and card transactions are so high that companies do not want to “subsidize” banks or payment card issuers. At the same time, the effort to create alternative ways for mobile payment is also growing. When … Read more

Shared ATM Network: Deposit Money at Komerční banka, Moneta Money Bank, Air Bank, and UniCredit Bank

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Shared ATM Network: Deposit Money at Komerční banka, Moneta Money Bank, Air Bank, and UniCredit Bank

From the beginning of 2024, clients of Komerční banka, Moneta Money Bank, Air Bank and UniCredit Bank will gradually be able to deposit money in the shared ATM network under the same conditions as at their own bank’s facilities. The banks announced this in a joint statement on Thursday. This is the next step in … Read more

Unicredit Group Announces Merger of Unicredit Bank Slovenia with Unicredit Bank Austria

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Unicredit Group Announces Merger of Unicredit Bank Slovenia with Unicredit Bank Austria

The listed Unicredit Group wants to merge Unicredit Bank Slovenia with Unicredit Bank Austria. In the course of the merger, the Slovenian entity is to become a branch of Wiener Bank Austria. As announced in a broadcast, the group has started examining a merger. An evaluation plan is to be submitted to the committees and … Read more

Austrian Raiffeisenbank International considers sale or spin-off of Russian business: Who will buy and gain Kremlin approval?

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Austrian Raiffeisenbank International considers sale or spin-off of Russian business: Who will buy and gain Kremlin approval?

EFinally the Austrian Raiffeisenbank International (RBI) is going on the offensive. The pressure from the public and the shareholders, which was built up primarily by Ukraine and most recently also by the European Central Bank, was too strong. The bank may part with its business in Russia. Now RBI boss Johann Strobl gave in to … Read more

Credit Agricole joins forces with Banco BPM on insurance

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Credit Agricole joins forces with Banco BPM on insurance

Banca Popolare di Milano (BPM) Credit Agricole joined Banco BPM in the spring and now owns 9.18% of Italy’s third largest bank. (Photo: Reuters) Paris/Rom The large French bank Credit Agricole is approaching the insurance business with the Italian Banco BPM. The deal involves the supply of property insurance products and related services through BBPM’s … Read more