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GC Asia
UniCredit turns profit with bolstered MDA buffer
UniCredit returned to profit in the second quarter with a larger pool of excess capital to reward shareholders from next year, if the European Central Bank gives its permission.
The bank turned a profit of €420m in the second quarter, it said on Thursday, after a €2.71bn loss from the first three months of the year. This was still a 77% drop from the profit recorded in the second quarter of last year, and when looking at
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Latest news from People & Markets
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EU rundown, US meltdown, climate lockdown
25 Sep 2020 -
China policy and markets round-up: China pledges to be carbon neutral, government bonds get WGBI inclusion, forex regulator assigns fresh QDII quotas
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China starts one-year countdown to WGBI inclusion
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Further Reading
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Comment
EU rundown, US meltdown, climate lockdown
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Regulation & Policy
China policy and markets round-up: China pledges to be carbon neutral, government bonds get WGBI inclusion, forex regulator assigns fresh QDII quotas
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People & Markets
China starts one-year countdown to WGBI inclusion
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Leader
Central banks are on the path to prioritising green assets
