UniCredit

UniCredit S.p.A.
FormerlyUniCredito Italiano S.p.A.
Company typePublic S.p.A.
ISINIT0005239360
IndustryFinancial services
Predecessor
Founded1998 (1998)
HeadquartersUnicredit Tower, ,
Key people
Products
RevenueIncrease 20.3 billion (2022)[1]
Increase €8.8 billion (2022)[1]
Increase €6.4 billion (2022)[1]
Total assetsIncrease €857.7 billion (2022)[1]
Total equityIncrease €63.3 billion(2022)[1]
Number of employees
Decrease 75,040 (2022)[1]
Websitewww.unicreditgroup.eu

UniCredit S.p.A. (formerly UniCredito Italiano S.p.A.) is an international banking group headquartered in Milan. It was Italy's only systemically important bank (according to the list provided by the Financial Stability Board in 2022) and the world's 34th largest by assets.[2] It was formed through the merger of Credito Italiano and Unicredito in 1998[3] but has a corporate identity stretching back to its first foundation in 1870 as Banca di Genova. UniCredit is listed on the Borsa Italiana and Frankfurt Stock Exchange and is a constituent stock of the Euro Stoxx 50 index of leading shares.[4]

With corporate & investment banking, commercial banking and wealth management operations, Unicredit is a pan-European bank with a strong presence in Western, Central and Eastern Europe. Through its European banking network, it provides access to market-leading products and services in 13 core markets: Italy, Germany as HypoVereinsbank, Austria as Bank Austria, Russia and nine other Central and Southeast European countries.

UniCredit has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.[5][6]

  1. ^ a b c d e f "2022 Annual Reports and Accounts" (PDF). unicreditgroup.com. Retrieved 7 February 2023.
  2. ^ Ali, Zarmina (April 7, 2020). "The world's 100 largest banks". Standard & Poor. Retrieved June 23, 2020.
  3. ^ Howells, P. G. A. (2008). The economics of money, banking and finance : a European text (4th ed.). Harlow, England: Prentice Hall Financial Times. p. 153. ISBN 9780273710394.
  4. ^ "Constituents". boerse-frankfurt.de. Archived from the original on 19 November 2015.
  5. ^ "The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
  6. ^ "List of supervised entities" (PDF). European Central Bank. 1 January 2023.

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