ECB shaves 20% off UniCredit’s P2 requirement

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ECB shaves 20% off UniCredit’s P2 requirement

Tyler Davies
December 12, 2017 01:00 pm
UniCredit_tower_PA_230x150
Unicredit Tower (Torre Unicredit) in the new building complex Porta Nuova in Milan, Italy, 14 March 2015. Photo: NICOLE BECKER/dpa | Nicole Becker/DPA/PA Images

The European Central Bank has lowered UniCredit’s Pillar 2 capital requirements by 50bp, recognising the Italian lender’s latest efforts to clean up its balance sheet.

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ItalyBank CapitalEuropeUniCreditEMEAFIG
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Tyler Davies
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