The write-downs of the order of 5 billion euros for losses bring Unicredit's 2020 financial statements into the red, which Mustier bequeaths to Andrea Orcel, new CEO since April - De Marchis ad interim managing director - Dividend…
The relationship between Unicredit and Jean Pier Mustier ends Thursday 10 February - Ranieri de Marchis appointed general manager until the new CEO takes office
The road to the merger between Unicredit and Monte dei Paschi is uphill but it certainly remains more viable than the stand-alone plan devised by CEO Bastianini in harmony with the Five Stars and the union between the poor (Alibanca model) with Carige and…
INTERVIEW WITH MARCELLO MESSORI, economist and professor in the Department of Economics and Finance at Luiss - "Mustier's strategy had the effect of eliminating the major structural sources of profitability and weakening Unicredit": this is why the relaunch of…
In two sessions, Unicredit lost more than 13% on the stock exchange: an acceleration in the search for a new CEO cannot be ruled out - The US is ready for new stimuli for the economy - Berlusconi's about-face on the Mes
Mustier's exit at the helm of Unicredit paves the way for a new season of mergers, but the stock falls on the stock market - In addition to the Mps case, watch out for the possible marriage between Banco Bpm and Bper - Bags…
The dissent on the strategy of alliances and on the marriage with MPS was fatal for Mustier, who, having finished in the minority on the board, decided to leave the CEO chair next spring - His future role will be decisive…
Yesterday's extraordinary meeting of the Unicredit Board of Directors was updated in the middle of the week: the re-nomination or otherwise of CEO Mustier, the Mps operation and the entire strategy of the bank in Piazza Gae Aulenti are at stake - The stock falls into…
Extraordinary board today for Unicredit: on the table whether or not to re-candidate Jean-Pierre Mustier's bank as CEO and whether or not he is compatible with the merger with MPS
The third quarter of 2020 confirms Unicredit's target which, despite the pandemic, is increasing revenues and profits and planning a return to the dividend from next year.
Difficult half-year due to the pandemic, but the first signs of recovery have been seen for the bank led by Jean-Pierre Mustier since the end of the second quarter
The result was affected by "non-operating items" related to the Coronavirus - An update to the plan at the end of the year - Mustier: "The capital position is extremely robust: we have all the tools to deal with the Covid-19 pandemic"
Shareholders have also given the go-ahead to reduce the number of board members - No vote, however, on dividend and buyback
Mustier will not go to manage the British giant HSBC but will remain at the helm of Unicredit - This was specified in a note from the Milanese bank after the rumors about the possible departure of the CEO had caused the stock to lose 7% on the Stock Exchange…
The stock rips on the stock market after better than expected results both in the fourth quarter and in the full year - Mustier: "We prefer buybacks to M&A" - A possible increase in dividends in the future
The 2020-2023 plan also focuses on a two billion buyback - Mustier: "M&A possible only with small transactions" - The closure of 500 branches in Western Europe is on the way - Furious union reaction
Yesterday evening Mustier launched an immediate sale operation to institutional investors of his stake in Mediobanca which could change the balance in the bank of Piazzetta Cuccia making it more contestable - Quarterly Unicredit beyond expectations and the stock soars.
Commerz or not Commerz, to raise cash and fuel new strategic dreams, Jean Pierre Mustier's Unicredit has no intention of selling its 8,4% stake in Mediobanca. In reality, the recent sale of another 17% of Finecobank,…
For the second time, Jean Pierre Mustier's bank presents the best quarterly result of the decade: "The sale of FIneco guarantees us 17 years of dividends and will allow us to support the real economy" - Acquisitions? "We will unveil the new plan…
The bank's shareholders' meeting opened with the news of an investigation by the EU Commission for violations of the Antitrust legislation in relation to European government bonds - CEO Mustier: "Much ado about nothing" - President Saccomanni: " The alarm…
Nagel ensures continuity at the top of Generali but does not rule out the postponement of the sale of 3% of Leone in the hands of Mediobanca - Mustier (Unicredit) points out that a more solid pact in Mediobanca would have been needed to defend Generali's independence…
The new body will have to propose concrete development opportunities to be submitted to the Unicredit CEO, as well as regularly update the group's board of directors on the progress made
Mustier postpones Unicredit's European merger project due to market volatility and focuses on solving the Turkish case and on the sale of the credit card division in Austria
A number of specific gender equality targets will also be outlined for selected management roles, notably including overcoming the pay gap - Mustier: "Unicredit, as a pan-European bank, is enriched by the diversity of its workforce and aims to create…
Unicredit remains in the Mediobanca pact but will ask to be allowed out if market conditions become favorable - In this way it will avoid capital losses and influence the renewal of Generali's top management positions expiring next spring
On Thursday, the Unicredit board of directors should discuss whether or not to exit the Mediobanca syndicate pact, but there are at least two reasons that seem to push CEO Mustier to confirm his stay in the institution in Piazzetta Cuccia and around the corner…
The CEO of Unicredit said that only at the end of September will his bank decide whether to stay in or leave the Mediobanca shareholders' agreement but he hoped that in any case Generali, of which Piazzetta Cuccia is the first…
The CEO of Unicredit commented on the half-year accounts: "Very satisfied but we are halfway through a marathon, so the goal is only to complete the plan" - The targets are confirmed, provided that the spread…
The storm on Facebook does not stop, but spreads to all high tech, overwhelming the Nasdaq and the Asian stock exchanges and putting European stock markets on alert after yesterday's comeback - Spring boom for bonds and…
Mustier: "Our fourth quarter 2017 profit is the best in the last decade" and revenues are very close to 20 billion euros -- "After 2019 we will see if there will be opportunities for acquisitions"
CEO Mustier celebrates the results of the first year of the new plan with a 74% increase in EBIT, profit to 5,5 billion, a sharp cut in NPLs and confirmation of all targets - Pay out at…
Mustier's bank sells securities issued by securitization vehicles
The institute has announced that the shares on which the right of withdrawal has been exercised relating to the conversion of savings into ordinary shares and the abolition of the 5% limit on voting rights will be offered in pre-emption to shareholders
The cleanup of Unicredit's portfolio continues: now Mustier is about to sell Unicredit Pavilion to Manfredi Catella's Coima real estate group for 40-50 million - Pavilion will probably become a food and wine center
In an interview with Handelsblatt, the CEO of the Italian group denies the hypothesis of a merger soon: "Our Transform 2019 plan is entirely based on organic assumptions" - "Me in Deutsche Bank? Will I stay in Unicredit for a long time to come" ".
The CEO of Unicredit presents the results of the bank's new plan in London, announcing a reduction in non-performing loans, a strengthening of assets and a future increase in the dividend: "Transform 2019 is in line with expectations and is generating…
"Good governance - continued Saccomanni - constitutes a key element that is adequately assessed both by investors and by the supervisory authorities" - 44,3 million non-performing loans sold to the Hungarian EOS Faktor Zrt. The campaign is underway…
The final nine-month consolidated data will be published on November 9, after the board meeting. The Group had to urgently disseminate the preliminary data before the opening of the price lists following an "error in the publication of data…
Unicredit has set the liquidation value of any ordinary and savings shares that may be subject to withdrawal - On December 4, the assembly for the go-ahead.
The CEO of Unicredit clarifies that in the bank's 2019 plan there are no acquisitions or even mergers such as the one hypothesized by the press with Commerz, about which the vice president Calandra is trenchant: "It's a hoax"
The CEO Jean Pierre Mustier was also present at the inauguration of the new headquarters of UniCredit's Wealth Management division dedicated to clients with assets exceeding 5 million euro.
This year in Cernobbio, the French take the lion's share of the Ambrosetti Forum: from the CEO of Generali, Philippe Donnet, to that of Unicredit, Jean Pierre Mustier and the president of Telecom Italia, Arnaud de Puyfontaine and the finance minister of …
But the banker also specified that "it is a purely financial participation" - "To date we are still below the break-even point and for us it is negative from a capital point of view"
Between April and June, the Bank recorded profits of 945 million euros, against the 676 expected by analysts - Without counting the negative effect linked to the sale of Bank Pekao, the profit is equal to 1,3 billion - Revenues in…
The manager will assume the new role from April XNUMX and will report directly to CEO Jean-Pierre Mustier
The CEO of the banking group invested a total of 4 million, purchasing 140 shares of the bank in addition to the AT1 bonds.
The board of directors of the bank led by jean Pierre Mustier has convened the ordinary and extraordinary shareholders' meeting for 20 April and approved the annual report on corporate governance and the group's ownership structure
Extraordinary meeting of the Unicredit board of directors today for a preliminary examination of the accounts in view of the 13 billion recapitalization - The price of the increase will be set on Wednesday and analysts predict a 30-40% discount on the Terp - The ECB…
The president of Unicredit, Giuseppe Vita, and the vice presidents Luca Cordero di Montezemolo, Vincenzo Calandra Bonaura and Fabrizio Palenzona have decided to follow the example of CEO Jean Pierre Mustier who, on the eve of the shareholders' meeting which must approve the capital increase from 13 billion, yes…
The new 2016-2019 strategic plan is presented today in the City of London: here are the objectives and the numbers - Another 6.500 redundancies are on the way - Mustier: "We have developed a pragmatic plan based on prudent assumptions, with concrete and achievable objectives"
Another coup by Jean Pierre Mustier, the dynamic CEO of Unicredit who announced that he had sold 32,8% of the Polish subsidiary Pekao to PZU insurance and the PFR fund for 2,4 billion euros in order to reduce the amount of the 'imminent…
Governance in line with international best practices, a leaner board of directors with a ceiling of three mandates for directors and more space for independents: these are the new features of the plan arriving in December - Probable exit from…
The new CEO of Unicredit, Jean-Pierre Mustier, is shortening the time for the sale of Pioneer, the asset management giant valued at 3 billion - Five suitors are in the running: Banca Generali, Poste, Allianz, Amundi and Macquarie.
AMBROSETTI FORUM - Halve branches and employees in ten years? "Very strong hypothesis", says the president of Intesa Sanpaolo Gros Pietro. "It's right", says Bini Smaghi today head of Société Générale while Mustier (new CEO of Unicredit) does not…
The deputy general manager and COO, Paolo Fiorentino, will leave the group together with the financial director Bernardo Mingrone - Mustier: "It is the first step in the reorganization of the bank" - Title closes the stock market session in the red.
Unicredit pays the intellectual honesty and courage of the new CEO, Jean-Pierre Mustier who announces an upcoming capital increase to secure the bank and the Stock Exchange hits the stock (-5,1%) - Sales also on Bper, Ubi , Understanding and…
The new CEO of Unicredit, Jean-Pierre Mustier, immediately presented his plan: "Finishing and implementing a new strategic plan" compared to that of just a few months ago with the aim of "strengthening capital requirements" and make…
Piazza Affari gains 1,5% and becomes the second best stock exchange of the day in Europe, overtaking 16 - What reversed the stock market trend of the Milanese square by pushing it upwards was above all the green light from the EU for precautionary support...
