UniCredit switches plan for ‘once in a century event’

UniCredit_PA_575_375_14May2020
By David Rothnie
14 May 2020

UniCredit began the year with a new template for growth but is now simply trying to help support clients through the crisis, while hoping that the deeper relationships being forged will endure, writes David Rothnie.

The coronavirus has caught banks in varying states of strategic evolution and UniCredit is no different. The Italian lender began the year on the front foot with a new strategy, aimed at returning the group to growth, supported by its corporate and investment bank (CIB).

But the ...

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