UniCredit (IT.UCGC) Latest Bank Considering Russia Exit - 15 martie 2022

UniCredit ’s chief executive said on Tuesday that the Italian bank is considering pulling out of Russia and is carrying out an “urgent” review to assess how a potential exit would work. Speaking at the Morgan Stanley European Financials Conference, Andrea Orcel said no decision had yet been made on whether Italy’s second biggest bank would exit Russia, saying it would take time.