hypovereinsbank news
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Germany's Commerzbank to axe more jobs
Rome :: Italy | 4 months ago
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Germany's second-biggest bank, says it will axe more than one in 10 jobs over the next three years as it tots up the toll from the financial and sovereign debt crisis. Unions described the cuts as "absolutely unacceptable" and said they would fight
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Bank laundering whistleblower labeled 'insane' then locked away in psychiatric hospital for seven years
Munich :: Germany | 5 months ago
Credibility
It is a horror story, no matter where you are from. Gustl Mollath, now 56, was locked up in a high-security psychiatric hospital nearly seven years ago after being accused of making up a story about money laundering activities at a major German bank.
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US probing UniCredit unit over breaking sanctions
Rome :: Italy | 9 months ago
Credibility
Italy's UniCredit bank has confirmed that U.S. authorities are investigating its German unit for possibly breaking economic sanctions, but stopped short of naming Iran as the country it was dealing with. The Financial Times over
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US officials probing UniCredit deals with Iran
Rome :: NY :: USA | 9 months ago
Credibility
US justice officials are checking whether a German unit of the Italian banking group UniCredit did deals with Iran that would have violated US sanctions, Italian press reports said on Monday. "UniCredit is included on a list of international banks
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UniCredit's German unit sees strong first quarter: paper
Frankfurt :: Germany | 1 year ago
Credibility
The German unit of UniCredit SpA has seen a strong first quarter, its Chief Financial officer told a German paper . "The first quarter went well," HypoVereinsbank CFO Peter Hofbauer told daily Boersenzeitung 's Saturday edition. "But it is usually
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Top investor in Italy's MPS names Profumo chairman
Siena :: Italy | 1 year ago
Credibility
Articles The arrival of Profumo, an experienced banker with an uncompromising management style, comes as the Tuscan bank -- which says it is the oldest still in business -- works to repair a balance sheet hit by the euro zone crisis and to boost its
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Ex-UniCredit CEO risks fraud indictment
Tripoli :: Libya | over 1 year ago
Credibility
A Milan prosecutor on Thursday requested an indictment for the former CEO of Italy's largest bank UniCredit and 19 others for an alleged 245-million-euro tax fraud. Alessandro Profumo is accused of defrauding the Treasury using a structured finance
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Norilsk Nickel, a Major Palladium Producer, Engages Citibank, Soc. General for Loan
Dublin :: Ireland | over 1 year ago
Credibility
Text Size Russian metals giant Norilsk Nickel has mandated Citibank and Societe General to arrange a five-year pre-export loan up to $1.5 billion, the company said on Friday. Earlier, Interfax news agency said the loan was secured to support a
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UniCredit chairman denies might quit
Milan :: Italy | over 2 years ago
Credibility
UniCredit SpA's Chairman Dieter Rampl said on Thursday he would stay on at Italy's biggest lender, despite a media report he might consider leaving over a management reshuffle. UniCredit's board on Tuesday named retail chief Roberto Nicastro as sole
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Ghizzoni named new Unicredit head
Tripoli :: Libya | over 2 years ago
Credibility
Federico Ghizzoni, who has overseen the bank's business in Central and Eastern Europe, will take over the helm. Mr Profumo was forced out last week after Libya upped its stake in the bank to 7.6%, breaching banking rules. Meanwhile Unicredit's board
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