Why UniCredit is a victim of its own success

UniCredit is one of the world’s biggest financial groups but concerns over its capital base have made it vulnerable to panic-stricken investors.

 

The challeges facing Unicredit

HVB acquisition



Capitalia integration

UniCredit’s CEE network

Full Profumo interview






In normal times, if a bank had a core tier 1 capital ratio of 5.7% and total regulatory capital of more than 10% it would draw comment from analysts but it would hardly set the alarm bells ringing. Especially as that bank had made a net profit of €2.9 billion for the first half of the year. These, though, are far from normal times, as UniCredit is finding out to its cost.

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