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Wednesday, April 7, 2010 as of 11:14 AM ET

UniCredit SpA

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UniCredit SpA is an Italy-based, pan-European banking organization, with aprox 40 million customers and operations in 22 countries.

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Eurozone's Economic Slump Deepens

The shadows being cast over the global economy darkened this month as the euro zone's private sector declined further and China's once-booming factories faltered, business surveys showed on Thursday.

Worryingly for European policymakers, a downturn that started in smaller euro zone periphery members is now taking root in the core countries of Germany and France, whose tepid combined growth had been keeping the troubled bloc afloat."We are very much in a period of weakening global growth. It doesn't quite feel like 2008 yet but the danger is we could get there quicker than we think," said Peter Dixon at CommerzbankThe data sent German Bund futures to a record high as investors sought relative safety, and the euro fell to a near two-year low against the dollar.The moves were also exacerbated by Wednesday's news that European Union leaders have been advised by senior officials to prepare contingency plans in case Greece quits the single currency - a once seen unthinkable event.The euro zon...

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  1. Europe Stocks Rebound, UniCredit Results Surprise

    European stock markets turned around earlier losses to push higher on Thursday, led by banking stocks as investors calmed their nerves over Greece and Spain and UniC...

  2. Moody's Downgrade Expectations, Euro Fears Fuel Bank Credit Underperformance

    While the spectre of a downgrade of European banks by Moody's Investors Service Inc. looms, French, Italian and Spanish bank bonds, and the cost of insuring their de...

  3. EARNINGS FORECAST TABLE: UniCredit 1Q 2012

    The following is a summary of analysts' forecasts for UniCredit SpA (UCG.MI) first-quarter results, based on a poll of six analysts conducted by Dow Jones Newswires ...

  4. Mounting Remuneration 'No' Votes Keep Europe Financial AGMs In Focus

    Executives at several European banks and insurers will be watching anxiously for signs of investor discontent at upcoming annual meetings, as a wave of "no" votes on...

  5. Strabag Issues EUR100 Million Company Bond

    Austrian construction company Strabag SE (STR.VI) is issuing a EUR100 million seven-year company bond, the company said Thursday.MAIN FACTS:-It has a coupon of 4.25%...

  6. Romanian Leu Off Record Lows As Interim Government Appointed

    The Romanian leu rose from record lows against the euro as an interim government was appointed after the country's previous administration collapsed last week.A cent...

  7. Connexion Technologies Files For Chapter 11 Amid DirecTV Dispute

    Real estate and telecommunications company Connexion Technologies filed for Chapter 11 bankruptcy Thursday with the intention to sell itself after DirecTV Group Inc....

  8. New Monte Dei Paschi Chairman To Renounce Compensation -Source

    SIENA, Italy -(Dow Jones)- Alessandro Profumo, the new chairman of Banca Monte dei Paschi di Siena SpA (BMPS.MI), will forgo compensation related to his new role as ...

  9. Polish Pekao Recommends PLN5.38/share Dividend From 2011 Profit

    Poland's No.2 Bank Polska Kasa Opieki S.A. (PEO.WA) has recommended paying a dividend of 5.38 zlotys per share, or nearly half of last year's earnings, it said in a ...

  10. Italy Payment Woes Fuel Factoring Boom For Intesa Sanpaolo, Other Banks

    Lengthy payment delays across the Italian economy have turned some of the country's banks into global factoring powerhouses willing to finance companies' receivables...

  11. EUROBONDS: Political Risk Weighs On Primary Market Sentiment

    German state-owned development bank KFW (KFW.YY) cut a lonely figure in the European primary bond market Monday as euro-zone political concerns sparked a fresh wave ...

  12. UniCredit Bank Austria Plans EUR500 Million 7-Year Covered Bond

    UniCredit Bank Austria AG has planned a EUR500 million, seven-year bond covered bond, one of the banks running the deal said Tuesday.BayernLB, Danske Bank, Deutsche ...

  1. UniCredit CEO Favors Using ESM To Recapitalize Troubled Banks

    UniCredit SpA (UCG.MI) Chief Executive Federico Ghizzoni said Wednesday he believes the euro zone's stabilization fund should be made available to recapitalize troub...

  2. UniCredit , Intesa Sell LSE Shares At 960 Pence A Share

    Italian banks Intesa Sanpaolo SpA (ISP.MI) and UniCredit SpA (UCG.MI) Wednesday said they sold their entire stakes in the London Stock Exchange Group PLC (LSE.LN) at...

  3. UniCredit , Intesa Sanpaolo Place Their LSE Stakes On Market

    Italian banks UniCredit SpA (UCG.MI) and Intesa Sanpaolo SpA (ISP.MI) said Tuesday they are placing their entire stakes in London Stock Exchange Group PLC (LSE.LN) t...

  4. Germany's EAA Plans Euro Benchmark September 2015 Bond

    Germany's Erste Abwicklungsanstalt, or EAA, plans a euro-denominated benchmark bond maturing in September 2015, one of the banks running the deal said Tuesday.UniCre...

  5. Unipol: Italy's Consob Doesn't Require It To Buy All Of Fon-SAI

    Italian insurer Unipol Grupoo Finanziario SpA (UNI.MI) said Tuesday that Italian securities regulator Consob has ruled it may not need to make an offer to buy all of...

  6. Macquarie Consortium Eyes Bond Market For Gas Grid Buy- Source

    The Macquarie-led consortium in the process of buying German utility E.On AG's (EOAN.XE) Open Grid Europe will likely refinance a substantial amount of the debt back...

  7. Moody's Downgrades 26 Italian Banks

    Moody's Investor Services lowered the ratings for 26 Italian banks by one to four notches late Monday on the country's relapse into recession and increasingly advers...

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