UniCredit Germany could not honour the counter guarantees due to sanctions and was taken to court in Moscow by AO Bank. UniCredit said a Russia court in October ordered its German unit to pay the ...
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Moscow will reportedly block sales of Western banks to Russian firms, leaving them with no exitThe experience has been generally shared by UniCredit. Though Mubadala ... over 1,000 global firms have left Russia by some degree since Moscow's 2022 invasion of Ukraine. Given the hurdles ...
UniCredit could accelerate its exit from Russia ... a “fair price” amid regulatory and legal difficulties following Moscow’s full-scale invasion of Ukraine in February 2022.
Banco BPM investors holding 6.51% stake oppose UniCredit bid A group of Banco BPM investors, holding 6.51% of the lender, said on Tuesday they backed a plan which envisages a standalone growth of ...
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