Monday, December 12, 2016

Italian Bank: Unicredit apparently, in front of billions of high-capital increase – Handelsblatt

Unicredit

On Tuesday, the move could be announced: The Italian major Bank Unicredit is planning a capital increase of around EUR 13 billion.

(photo: AP)

MilanThe struggling Italian Bank Unicredit is according to information from the circles, as expected, fresh money on the capital market to obtain it. The money house is planning a capital increase of around 13 billion euros, reported the financial news Agency Bloomberg on Monday evening, citing initiated persons. The step could be announced on Tuesday.

the capital increase is already being speculated for some time. The mother of the Hypovereinsbank is due to bad loans under considerable pressure.

capital increase: Unicredit cashes 3.5 billion euros for subsidiary of Pioneer.

At its Capital markets day on Tuesday are now expected Details for the further strategy. On the eve of the Board of Directors met. All of the details for the capital increase are not clear, wrote Bloomberg. It could be subject to Changes.

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