UniCredit starts FinecoBank separation with €1bn share sale

© 2025 GlobalCapital, Derivia Intelligence Limited, company number 15235970, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

UniCredit starts FinecoBank separation with €1bn share sale

fineco_alamy_230x150
HT1MN2 Milan, Italy - April 15, 2016: Fineco bank logo on wall. Fineco bank is an Italian financial service company that specialize in online brokerage | Alamy Stock Photo

The formal separation of FinecoBank, the Italian online brokerage, from UniCredit has begun with Italy’s biggest bank selling almost half stake to institutional investors via an equity block trade – a strategy UniCredit has used numerous times in the past to shed non-core assets under its CEO Jean-Pierre Mustier.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article