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UniCredit S.p.A. (UCG.MI)

Milan - Milan Delayed Price. Currency in EUR
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16.51-0.34 (-2.02%)
At close: 5:37PM CEST
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Previous Close16.85
Bid16.46 x
Ask16.55 x
Day's Range16.46 - 16.91
52 Week Range8.72 - 17.75
Avg. Volume20,574,685
Market Cap36.6B
PE Ratio (TTM)-0.83
Earnings DateN/A
Dividend & Yield0.00 (0.00%)
Ex-Dividend Date2016-04-18
1y Target EstN/A
  • UniCredit closes $20 billion bad loan sale with Fortress, Pimco
    Reuters5 days ago

    UniCredit closes $20 billion bad loan sale with Fortress, Pimco

    Italian bank UniCredit (CRDI.MI) has signed a final agreement with U.S. funds Fortress (FIG.N) and Pimco on the sale of bad loans worth 17.7 billion euros ($20 billion) in Italy's biggest such deal so far. UniCredit has led clean-up efforts among Italian banks which have been left with billions of euros of bad loans following the country's deep recession. Morgan Stanley analysts estimated on Monday that at the current rate of rundown it would take Italian banks some 10 years to lower the share of soured debt over total loans to 5 percent.

  • Financial Times5 days ago

    [$$] UniCredit finalises sale of bad loans to Pimco and Fortress

    UniCredit has finalised an expected deal for Pimco and Fortress to buy ?17.7bn of the Italian bank's bad loans, a transaction key to shoring up investor confidence in the country's troubled banking sector. ...

  • The Wall Street Journal5 days ago

    [$$] UniCredit Signs Deal With Pimco, Fortress for Sale of Bad Loans

    Italian bank UniCredit said it has signed a definitive agreement with Pacific Investment Management Co. and Fortress Investment Group for the sale of 17.7 billion euros worth of bad loans.