Why making UniCredit more German puts EU’s Banking Union in a bad light

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By Tyler Davies
29 Oct 2019

UniCredit’s search for a more efficient corporate structure shows how an incomplete Banking Union is beginning to weigh on pan-European financial institutions.

The management team at UniCredit have been discussing the idea of a structural change for some time now.

Just under a year ago, for example, the bank talked about how moving to a different organisational structure could “further enhance the group’s risk profile”.

European banking enthusiasts are ...

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