1 / 5
UniCredit share information - Intraday

 

 

UniCredit is a pan-European Commercial Bank with a unique service offering in Italy, Germany, Central and Eastern Europe. Our purpose is to empower communities to progress, delivering the best-in-class for all stakeholders, unlocking the potential of our clients and our people across Europe.

 

 

WATCH OUR 2023 ANNUAL AND INTEGRATED REPORTS VIDEO

1 / 5

UniCredit to internalise back-office activities for securities services, creating more than 140 new jobs in Germany

PRESS RELEASE
10 January 2025
  ·       Initiative reflects the bank’s ongoing efforts to simplify its operations and evolve its securities set-up ·       Over 200 jobs created in total, including more than 140 in Germany and 60 in Italy   UniCredit has today announced plans to bring its back-office activities for securities services across Italy and Germany in house, standardising its set-up and suppliers in a move that is set to create over 200 new jobs.   The internalisation will involve building out a back-office platform for the bank’s custody services business, initially focused on Germany, while staffing teams to manage these operations in house – creating more than 140 new jobs in Germany, where the service was previously mostly outsourced. There will also be a further 60 roles created in Italy, drawing on both the market and the bank’s reskilling programme agreed with the trade unions.   The move comes as part of a Group-wide optimisation of the bank’s securities set-up, aiming to create a standardised approach across Italy and Germany, underpinned by common partners and a modern platform. This will, in turn, provide a more secure, flexible and cost-efficient foundation for the delivery of the bank’s custody services, bringing the teams closer to their clients and enabling them to be more agile and impactful in their execution.   The bank is in close contact with the relevant Works Councils to define the necessary next steps together.   Commenting on the initiative, Richard Burton, UniCredit’s Head of Client Solutions, said: “We continue to focus on the simplification of our business – internalising value chains and leveraging our scale so we can become more impactful on behalf of our clients. This latest move in custody services is a step in the same direction – giving us a stronger, more flexible foundation to meet our clients’ changing needs.”   “We are constantly developing our processes and checking whether it makes sense to build up external expertise internally. We see great potential in our in-house custody services to strengthen our German business and at the same time maximise synergies throughout the Group,” says Marion Höllinger, CEO, HypoVereinsbank Germany.     Milan, 10 January, 2025     For further information, please contact: mediarelations@unicredit.eu    
Discover more

UniCredit successfully issues dual tranche Senior Non-Preferred bonds for a total amount of EUR 2 billion

PRESS RELEASE
09 January 2025 PRICE SENSITIVE
  Today, UniCredit S.p.A. (issuer rating Baa1/BBB/BBB+) successfully issued dual tranche Senior Non-Preferred bonds comprising of a EUR 1 billion with 4.5 years maturity, callable after 3.5 years, and EUR 1 billion with 8 years maturity, callable after 7 years, targeted to institutional investors.   The issuance follows a book building process that gathered a combined demand of approximately EUR 5.6 billion, with more than 290 orders from institutional investors.   Given the strong market feedback, terms of the two tranches were set as follows:   -          for the 4.5NC3.5 years bond, the initial guidance of 130bps over the 3.5-year mid swap rate has been revised downwards and set at 98bps, resulting in a fixed coupon of 3.30% paid annually, with an issue/re-offer price of 99.877%. The bond will have a one-time issuer call on July ‘28. Should the issuer not call the bond, the coupons for the subsequent periods until maturity will reset to a floating rate equal to 3-months Euribor plus the initial spread of 98bps;   -          for the 8NC7 years bond, the initial guidance of 170bps over the 7-year mid swap rate has been revised downwards and set at 140bps, resulting in a fixed coupon of 3.80% paid annually, with an issue/re-offer price of 99.710%. The bond will have a one-time issuer call on January ‘32. Should the issuer not call the bonds after 3 years, the coupons for the subsequent periods until maturity will reset to a floating rate equal to 3-months Euribor plus the initial spread of 140bps.   The final allocation of the 4.5NC3.5 bond has been mainly in favor of funds (67%) and central banks (18%), with the following geographical distribution: France (27%), UK (21%), Iberia and BeNeLux (11% each).   In relation to the 8NC7 bond, the final allocation has been mainly in favor of funds (70%) and banks (10%), with the following geographical distribution: France (39%), UK (22%), Germany/Austria (14%) and Iberia (6%).   UniCredit Bank GmbH acted as Global Coordinator and as Joint Bookrunner together with Barclays, Erste Group, HSBC, IMI - Intesa Sanpaolo, ING, Mediobanca, Natixis and Santander.   The bonds, documented under the issuer’s Euro Medium Term Notes Program, will rank pari passu with the outstanding Non-Preferred Senior debt. The expected ratings are as follows: Baa3 (Moody’s)/ BBB- (S&P)/ BBB (Fitch).   Listing will be on the Luxembourg Stock Exchange.     Milan, 9 January 2025   Contacts:  Media Relations e-mail: MediaRelations@unicredit.eu Investor Relations  e-mail: InvestorRelations@unicredit.eu
Discover more

Notice of early redemption UniCredit S.p.A. Fixed to Floating Rate Callable Non-Preferred Senior Notes due 20 January 2026 Isin XS2257999628 (the “Notes”)

PRESS RELEASE
02 January 2025 PRICE SENSITIVE
  With reference to the above mentioned Notes, pursuant to Part A - Condition 21 (Issuer Call) of the Pricing Supplement dated 19 November 2020 and to Conditions 10.5 and 17 of the Terms and Conditions for the Italian Law Notes, annexed to such Pricing Supplement, UniCredit S.p.A. announces that, having received the Single Resolution Board authorisation, it will exercise the option to early redeem in whole the Notes on 20 January 2025 (the Optional Redemption Date).   The early redemption of the Notes will be at par, together with accrued and unpaid interest. Interest shall cease to accrue on the Optional Redemption Date.   Milan, 2 January 2025     Contacts: Media Relations e-mail: MediaRelations@unicredit.eu Investor Relations e-mail: InvestorRelations@unicredit.eu  
Discover more

Notice of early redemption UniCredit S.p.A. €1,250,000,000 Fixed to Floating Rate Callable Non-Preferred Senior Notes due 20 January 2026 Isin XS2104967695 (the “Notes”)

PRESS RELEASE
02 January 2025 PRICE SENSITIVE
  With reference to the above mentioned Notes, pursuant to Part A - Condition 20 (Issuer Call) of the Final Terms dated 16 January 2020 and to Conditions 10.5 and 17 of the Terms and Conditions for the Italian Law Notes included in the Base Prospectus dated 5 June 2019, as supplemented from time to time, UniCredit S.p.A. announces that, having received the Single Resolution Board authorisation, it will exercise the option to early redeem in whole the Notes on 20 January 2025 (the Optional Redemption Date).   The early redemption of the Notes will be at par, together with accrued and unpaid interest. Interest shall cease to accrue on the Optional Redemption Date.   Milan, 2 January 2025     Contacts: Media Relations e-mail: MediaRelations@unicredit.eu Investor Relations e-mail: InvestorRelations@unicredit.eu
Discover more

Notice pursuant to Article 41, paragraph 2, letter c) of Regulation adopted by Consob with resolution no. 11971 of 14 May 1999, as subsequently amended (“Issuers’ Regulation”)

PRESS RELEASE
24 December 2024 PRICE SENSITIVE
  NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION     Voluntary public exchange offer launched by UniCredit S.p.A. on all the ordinary shares of Banco BPM S.p.A.   * * *   Notice pursuant to Article 41, paragraph 2, letter c) of Regulation adopted by Consob with resolution no. 11971 of 14 May 1999, as subsequently amended (“Issuers’ Regulation”)   Milan, 24 December 2024 – With reference to the voluntary public exchange offer launched by UniCredit S.p.A. (the’“Offeror”) on maximum of all the 1,515,182,126 ordinary shares of Banco BPM S.p.A., in relation to Articles 102 and 106, paragraph 4, of Legislative Decree 24 February 1998, no. 58, as subsequently amended, which was communicated on 25 November 2024, pursuant to Article 102, paragraph 1, of the Consolidated Law on Finance (TUF) and Article 37 of the Issuers’ Regulation, and subject of a press release concerning the filing of the offer document with Consob on 13 December 2024, notice is hereby given as regards the following ordinary business of UniCredit Bank Gmbh., an Offeror’s subsidiary, in respect of Banco BPM ordinary shares.   As part of its ordinary trading business, UniCredit Bank Gmbh., as a result of the exercise of American call options, expiring on 20 December 2024 and sold before 25 November 2024, has today settled the following transaction of delivery in respect of Banco BPM ordinary shares (ISIN IT0005218380) that are subject to reporting obligations pursuant to Article 41, paragraph 2, letter c), number 1) of the Issuers’ Regulation:   Date Transaction mode Kind of transaction Number of shares Currency Unit price per share 24/12/2024  Option settlement  expiry date December 2024 IDEM market Our physical delivery after option exercise 860,000 EUR 6.80   This notice is also available on the Offeror’s website www.unicreditgroup.eu   * * *  
Discover more

Latest Articles from One UniCredit

Go to One UniCredit

One UniCredit is our Group digital magazine where we showcase stories and insights from across our geographies in Italy, Germany, Central & Eastern Europe.

 

One UniCredit is where our people, clients and stakeholders can engage with us to discover the bank's commitments and corporate values.

 

 

 

The fourteenth edition of the Filarmonica della Scala's Prove Aperte (Open Rehearsals), supported by UniCredit Foundation, has been officially announced to open on 26 January 2025.
Discover more
Share content
In this op-ed, Andrea Orcel, CEO of UniCredit, underscores the urgent need for renewed unity and bold action to bolster Europe’s economic foundation. It’s a call to action for policymakers and businesses to transform shared ambitions into tangible progress for a stronger, more resilient Europe.
Discover more
Share content
UniCredit Foundation is excited to announce the launch of its latest scholarships and research grants, aimed at nurturing young talent and promoting academic excellence throughout Europe.
Discover more
Share content
UniCredit Foundation has renewed its commitment to education with a clear mission: to create a more equitable and inclusive future, one student at a time.
Discover more
Share content
UniCredit’s second annual ESG Day brought colleagues from across Europe together. How do we, as a pan-European bank, confront the world’s greatest challenges?
Discover more
Share content
Discover the key aspects of online fraud, including the types of scams to look out for. Find out what banks and customers can do to minimise risk.
Discover more
Share content
We’re excited for you to meet our UniCredit Storytellers giving you a glimpse into what it’s like to work at our Bank, what attracts and motivates our People about UniCredit and how we Unlock a better tomorrow together!
Discover more
Share content
In the last months of 2024, our colleagues embraced running not only as a sport but as a vehicle for community support, environmental sustainability, and social inclusion. From Palermo to Banja Luka, Verona to Prague, the spirit of teamwork and shared values united us all. Each race highlighted unique local causes while connecting us with a common purpose: making a positive impact through collective effort. Let’s take a closer look at four standout events.
Discover more
Share content
Explore essential tips on retirement planning, including strategies for growing your savings, sustainable spending, and maximising investments.
Discover more
Share content
We have been awarded the prestigious title of Global Bank of the Year 2024 by FT's The Banker, marking our second consecutive year of this honor. In addition to being recognised as Bank of the Year in Europe and Italy, we also received accolades as Bank of the Year in Croatia and Bosnia Herzegovina.
Discover more
Share content
Cover of the document of 2023 Annual Reports and Accounts.

Our 2023 Annual and Integrated Reports


As at 31 December 2023

 

 

Download our 2023 Annual Reports & Accounts

 

Download our 2023 Integrated Report

 

 

Upper part of the UniCredit Tower photographed at sunset