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February 13, 2016 4:06 AM ET

Banks

Company Overview of UniCredit Bank AG

Company Overview

UniCredit Bank AG operates as a financial institution in Germany and internationally. The company’s Commercial Banking Business segment offers payment products, consumer loans, mortgage loans, savings-and-loan products, insurance products, and banking services for private customers, as well as business loans and foreign trade financing for corporate customers. This segment also provides fund products, advisory and brokerage services, securities transactions, liquidity and financial risk management, advisory services, and investment banking products. Its Corporate & Investment Banking Business segment provides investment banking; financing and advisory services; and portfolio and pricing mana...

Kardinal-Faulhaber-Strasse 1

Munich,  80333

Germany

16,706 Employees

Phone:

49 89 378 0

Key Executives for UniCredit Bank AG

Managing Director of HVB Bank, Tallinn Branch
Chief Financial Officer and Member of Management Board
Age: 49
Chief Operating Officer, Head of Human Resources Management and Member of Management Board
Age: 62
Chief Risk Officer, Managing Director and Member of Management Board
Age: 51
Managing Director of Business Segment Private Clients Bank and Member of Management Board
Age: 54
Compensation as of Fiscal Year 2015.

UniCredit Bank AG Key Developments

UniCredit Bank AG, 2015 Earnings Call, Feb 10, 2016

UniCredit Bank AG, 2015 Earnings Call, Feb 10, 2016

HypoVereinsbank AG Announces Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015

HypoVereinsbank AG announced consolidated earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported consolidated profit of the group was EUR 135 million, or EUR 0.17 per share, compared to EUR 114 million, or EUR 0.14 per share, for the same quarter ended September 30, 2014. Net interest was EUR 644 million, compared to EUR 648 million for the same quarter year ago. For the nine months, the company reported consolidated profit of the group was EUR 461 million, or EUR 0.57 per share, compared to EUR 448 million, or EUR 0.55 per share, for the same period a year ago. Net interest was EUR 1.96 billion, compared to EUR 1.99 billion for the same period a year ago.

HypoVereinsbank Plans to Cut 1,200 Jobs

HypoVereinsbank (HBV) announced it will axe further 1,200 jobs over the next three years, seeking to boost its earnings and improve efficiency. The labour measure will affect back-office administrative positions. HBV has closed almost half of its branch offices since autumn 2014. Including these job cuts, the bank will reduce the number of its full-time positions by 2,900 by the end of 2018.

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