Western Europe regional awards
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Best Bank: UniCredit |
The M&A fever that has convulsed the Italian banking sector over the past year has dramatically redrawn the competitive landscape. Yet despite the emergence of a powerful new domestic player, Intesa Sanpaolo, and the establishment of some formidable foreign banks such as BNP Paribas and ABN Amro, one bank still attracts the greatest admiration: UniCredit. Capitalia’s turnaround under Matteo Arpe could have made it a candidate for best bank in Italy this year but internal politics has helped pushed it into the embrace of big brother UniCredit, Italy’s flagship bank and also Euromoney’s choice for best bank in Europe this year.
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