Finance

Banking Risk

Banking Risk
Andrea Orcel, CEO of Unicredit

In one quarter Unicredit has recorded the same profits as Bpm in one year. We are moving forward on our own.

Unicredit's CEO closes a record semester ("I am proud") with profits above estimates at 6.1 billion and revisits the farewell to Bpm: "The Ops is now a brake, withdrawing the decision difficult but correct". Meanwhile, the bank raises annual targets and 'cheers on' the German Commerzbank, because "our destinies are linked", while preparing to rise to 29% by the end of the year.