(Bloomberg) -- UniCredit SpA will stop pursuing a high stakes UK case against a Gazprom PJSC venture after a Russian court threatened the Italian bank with a €250 million ($258 million) penalty.

LONDON, Feb 11 (Reuters) - UniCredit (CRDI.MI), opens new tab on Tuesday won a bid in a London court to overturn an injunction the Italian bank obtained against a subsidiary of Russian energy ...

LONDON (Reuters) - The European Central Bank is poised to give Italy's UniCredit the green light to build up its stake in German rival Commerzbank, a person familiar with the matter told Reuters, a ...

UniCredit shares were up 1.1% at 9:44 a.m. London time, with Commerzbank stock rising 3.1%. — CNBC's Greg Kennedy contributed to this report.

UniCredit SpA is working on a significant risk transfer linked to a portfolio of almost €4 billion ($4.2 billion) of German corporate loans, according to people familiar with the matter.

LONDON, Feb 11 (Reuters) - Italy's UniCredit (CRDI.MI), opens new tab on Tuesday reported a rise in revenues last year from its Russia business but said it had reduced loans and deposits in the ...

U.K. bank Barclays and Italian bank UniCredit marketed Additional Tier 1, o AT1, bonds on Tuesday, the former denominated in U.S. dollars and the latter in euros. AT1 bonds are a type of risky ...