UniCredit's Capital Plan: Where Does the Money Go?

UniCredit is planning a rights offer to raise $13.8 billion, combined with selling off bad loans and cutting costs in a bid to boost profitability. Andrew Sheets, chief cross-asset strategist at Morgan Stanley, and Bloomberg's Michael Moore examine the bank's overhaul on "Bloomberg Markets: European Open." (Source: Bloomberg)

Michael R. Bloomberg on 21st-Century Partnerships
35:23 - Michael Bloomberg, founder and majority owner at Bloomberg LP, and founder of Bloomberg Philanthropies, addresses the audience at the inaugural Bloomberg Global Business Forum at The Plaza Hotel in New York City. (Source: Bloomberg)
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