UniCredit Planning $14 Billion Cash Call to Shore Up Its Finances - News Summed Up

UniCredit Planning $14 Billion Cash Call to Shore Up Its Finances


MILAN—Italian lender UniCredit SpA is planning to raise €13 billion ($14.11 billion), a person familiar with the matter said on Monday, as part of a strategic plan the bank is piecing together to shore up its finances. People familiar with the matter said the bank will decide on the timing of the cash call, whose amount is slightly smaller than...


Source: Wall Street Journal November 14, 2016 10:10 UTC



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