Global headquarters in Porta Nuova, Milan
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UniCredit Group | |
Formerly called
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UniCredito Italiano |
Società per azioni | |
Traded as | |
Industry | Financial services |
Predecessor | |
Founded | 1998 |
Headquarters |
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Key people
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Products |
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Profit | €1.694 billion (2015) |
Total assets | €860.433 billion (2015) |
Total equity | €50.087 billion (2015) |
Number of employees
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125,510 (2015) |
Subsidiaries | See list |
Capital ratio | 10.59% (Group CET1 ratio at 31/12/2015) |
Website | www |
Footnotes / references in a consolidated basis |
UniCredit S.p.A. is an Italian global banking and financial services company. Its network spans 50 markets in 17 countries, with more than 8,500 branches and over 147,000 employees. Its strategic position in Western and Eastern Europe gives the group one of the region's highest market shares. The company is a component of the Euro Stoxx 50 .
The company has its registered office in Rome and general management in Milan. UniCredit's core markets are Italy, Austria, Russia, Southern Germany and Bulgaria. The UniCredit Group has investment banking divisions in New York City, London, Hong Kong, Milan, Munich, Vienna, Budapest and Warsaw.
With the goal of fostering trade and investment between Eastern and Western Europe, UniCredit has joined up with Ost-Ausschuss der Deutschen Wirtschaft and the Federal State of Berlin to host the east forum Berlin.
UniCredit Group was the outcome of the 1998 merger of several Italian banks, which the majority one were Unicredito (banks from Turin, Verona and Treviso) and Credito Italiano (consists of Rolo Banca, Banca Popolare di Rieti), hence the name Unicredito Italiano. Credito Italiano issued about 38.46% new shares to the owners of Unicredito, and renamed itself to Unicredito Italiano. Other banks such as Banca dell'Umbria, Cassa di Risparmio di Carpi, Cassa di Risparmio di Trento e Rovereto (Caritro), Cassa di Risparmio di Trieste also joined the group in 1998–2000. A new subsidiary was also created in December 1999 which was named after the original Credito Italiano.