UniCredit Posts Record Loss, Plans 8500 Job Cuts
UniCredit SpA (UCG), Italy's biggest bank, posted a record 15 billion-euro ($20.8 billion) fourth-quarter loss as it set aside money for bad loans and wrote down goodwill from acquisitions. It plans to cut 8,500 jobs. Provisions for doubtful loans ...
UniCredit Posts Record Loss on Bad Loans, Goodwill Writedown
Italy's UniCredit posts record loss on bad loans, goodwill writedown
UniCredit posts record €15 billion loss on bad loans, goodwill writedown