https://feeds.thelocal.com/ Read the latest news and views from Italy in English en-us news@thelocal.com (TheLocal) webmaster@thelocal.com (TheLocal) TheLocal RSS Feed Italian bank UniCredit said on Thursday that it returned to the black in 2017 as an ambitious reorganisation it embarked upon 18 months ago starts to pay off. https://www.thelocal.it/20180208/italy-unicredit-profit Thu, 08 Feb 2018 17:42:43 +0100 italy-unicredit-profit Italian bank UniCredit, in the midst of a massive overhaul, said on Thursday that its net profit rose modestly in the second quarter, beating expectations. https://www.thelocal.it/20170803/unicredit-beats-expectations-with-rise-in-profits Thu, 03 Aug 2017 11:49:43 +0200 unicredit-beats-expectations-with-rise-in-profits UniCredit said on Wednesday that hackers obtained information on about 400,000 of its Italian customers, but not data that would give them access to bank accounts. https://www.thelocal.it/20170726/unicredit-says-hackers-get-data-on-400000-clients Wed, 26 Jul 2017 13:30:00 +0200 unicredit-says-hackers-get-data-on-400000-clients Italian bank UniCredit said on Thursday that its net profit more than doubled in the first quarter as the massive overhaul embarked upon by its new chief executive begins to pay off. https://www.thelocal.it/20170511/italys-biggest-bank-more-than-doubled-its-profit-in-first-quarter Thu, 11 May 2017 16:58:13 +0200 italys-biggest-bank-more-than-doubled-its-profit-in-first-quarter Italian banking giant UniCredit said on Thursday that investors had exercised rights to buy 99.8 percent of the new shares being sold as part of its 13 billion euro ($13.8 billion) capital increase. https://www.thelocal.it/20170224/italys-biggest-bank-has-almost-reached-target-of-13-billion-rights-issue Fri, 24 Feb 2017 09:56:03 +0100 italys-biggest-bank-has-almost-reached-target-of-13-billion-rights-issue Italian banking giant UniCredit said on Wednesday that it would launch a 13 billion euro ($14 billion) rights issue on February 6th, a major part of its efforts to shore up its capital base. https://www.thelocal.it/20170202/italys-biggest-bank-to-launch-13-billion-rights-issue Thu, 02 Feb 2017 09:47:30 +0100 italys-biggest-bank-to-launch-13-billion-rights-issue Italy's biggest bank UniCredit warned on Monday it expects to report a loss of 11.8 billion euros for 2016, as the troubled lender scrambles to launch a massive recapitalization effort. https://www.thelocal.it/20170131/italys-biggest-bank-expects-to-report-118bn-loss Tue, 31 Jan 2017 09:53:06 +0100 italys-biggest-bank-expects-to-report-118bn-loss Shareholders at Italian bank UniCredit, which is undergoing a major strategic review, on Thursday voted in favour of plans to raise billions of euros to strengthen the struggling lender's capital base. https://www.thelocal.it/20170112/unicredit-shareholders-back-14-bn-rights-issue Thu, 12 Jan 2017 18:26:44 +0100 unicredit-shareholders-back-14-bn-rights-issue New Italian Prime Minister Paolo Gentiloni confirmed Tuesday that his government was prepared to come to the aid of the country's third largest bank if private rescue efforts fail. https://www.thelocal.it/20161213/italys-new-pm-ready-to-save-ailing-banks Tue, 13 Dec 2016 14:50:51 +0100 italys-new-pm-ready-to-save-ailing-banks Italy's biggest bank, UniCredit, announced plans on Tuesday to slash 14,000 jobs and raise billions of euros in fresh capital as fears of a banking and political crisis grip the country. https://www.thelocal.it/20161213/unicredit-slashes-jobs-eyes-13-bn-euros-in-fresh-capital Tue, 13 Dec 2016 10:35:34 +0100 unicredit-slashes-jobs-eyes-13-bn-euros-in-fresh-capital Monte dei Paschi di Siena (BMPS), the oldest bank in the world, is at the heart of an Italian banking crisis which has cost it over 80 percent of its market capitalization in the past year. https://www.thelocal.it/20161212/heres-what-you-need-to-know-about-italys-banking-crisis Mon, 12 Dec 2016 15:08:53 +0100 heres-what-you-need-to-know-about-italys-banking-crisis UniCredit said Thursday it had raised over half a billion euros as part of its latest asset sale, part of Italy's largest bank's effort to boost its funds without raising capital from shareholders. https://www.thelocal.it/20161014/italys-largest-bank-raises-550-million-through-asset-sale Fri, 14 Oct 2016 10:44:38 +0200 italys-largest-bank-raises-550-million-through-asset-sale UniCredit, Italy's largest bank, said on Wednesday its net profit soared 75 percent to €916 million ($1.0 billion) on increased revenues and cost cutting measures. https://www.thelocal.it/20160803/unicredit-says-second-quarter-net-profit-soars-75 Wed, 03 Aug 2016 15:39:09 +0200 unicredit-says-second-quarter-net-profit-soars-75 Firemen were called to Vicenza's central branch of UniCredit on Thursday morning, after a two-year-old girl managed to lock herself inside a safe. https://www.thelocal.it/20160219/italy-firemen-rescue-little-girl-locked-in-bank-safe Fri, 19 Feb 2016 16:33:27 +0100 italy-firemen-rescue-little-girl-locked-in-bank-safe UniCredit, Italy's biggest bank by assets size, on Tuesday surprised analysts with annual results far exceeding their expectations. https://www.thelocal.it/20160210/italian-bank-unicredit-reports-stronger-results-than-expected Wed, 10 Feb 2016 07:00:00 +0100 italian-bank-unicredit-reports-stronger-results-than-expected UniCredit, Italy's second-largest lender by market value, said it will cut 18,200 jobs by 2018 in a bid to save €1.6 billion. https://www.thelocal.it/20151111/unicredit-to-shed-18200-jobs Wed, 11 Nov 2015 15:26:53 +0100 unicredit-to-shed-18200-jobs Unicredit, Italy’s second largest lender by market value, will give €50,000 to the creator of the best mobile banking app as part of Appathon 2015, which takes place in November. https://www.thelocal.it/20151020/unicredit-to-give-50k-for-best-new-banking-app Tue, 20 Oct 2015 12:28:57 +0200 unicredit-to-give-50k-for-best-new-banking-app Italy's top bank UniCredit said on Wednesday it scored a 29.5 percent jump in second quarter net profits despite an unfavourable climate for lenders, but its earnings still trailed in the first half of 2015. https://www.thelocal.it/20150805/unicredit-scores-higher-second-quarter-profit Wed, 05 Aug 2015 17:20:29 +0200 unicredit-scores-higher-second-quarter-profit Ukrainian security agents on Monday seized documents at the Kiev headquarters of Italy's UniCredit bank as part of a probe aimed at cutting off the suspected illicit financing of pro-Russian rebels in the separatist east. https://www.thelocal.it/20150526/ukraine-agents-raid-unicredit-in-terror-probe Tue, 26 May 2015 10:49:24 +0200 ukraine-agents-raid-unicredit-in-terror-probe UniCredit returned to profit in 2014, netting €2.0 billion $2.26 billion, Italy's largest bank said on Wednesday, while touting it had stepped up lending to households and small businesses. https://www.thelocal.it/20150211/italys-largest-bank-back-in-profit Wed, 11 Feb 2015 16:29:00 +0100 italys-largest-bank-back-in-profit