UniCredit to ditch what its core clients don’t need — and get more bang for its lending buck
A reallocation of capital to the core client business was the thrust of the investment banking part of UniCredit’s new strategic plan, announced to shareholders this week. The move will see RWA usage "optimised" in mature markets, down from €185bn in 2010 to €170bn in 2015, although the share of RWA devoted to core clients will rise over the same period to 65% from 55%.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts