UniCredit chief executive Jean Pierre Mustier cited a recent decision by the bank to divest an offshore wind farm it took control of after it fell into financial difficulties.

The chief executive of Italy’s largest lender has warned that incentivising banks to do more green lending poses a threat to financial stability, putt(...)

Customers stand in queue outside the Turkish Ziraat Bank branch in Frankfurt, Germany

Turkey’s economic crisis poses a threat to European banks with business in the country. Spain’s BBVA, Italy’s UniCredit, France’s BNP Paribas, Dutch (...)

A merger between UniCredit and SocGen has been considered by the latter on several occasions over the past 15 years. File photograph: Getty Images

Italy’s UniCredit is planning to merge with French rival Société Générale in a bold move that would mean two of Europe’s big banks join forces, leadin(...)

Credit Suisse executives volunteered to shrink long-term incentive awards for 2017 and short-term incentive awards for 2016. Photograph: Denis Balibouse/Reuters

Credit Suisse leaders including chief executive Tidjane Thiam offered to have their bonuses cut by 40 per cent after a growing number of investor advi(...)

Banca Monte dei Paschi di Siena is being bailed out by the Italian government. Photograph: Bloomberg

After Banca Monte dei Paschi di Siena failed to raise funds on the market, attention now turns to a much bigger cash call by UniCredit. Italy’s larg(...)

UniCredit:  bank’s fund management arm Pioneer Investments and Santander Asset Management have been in talks for more than 20 months to create a European fund manager with almost €400 billion in assets. Photograph:  Alessia Pierdomenico/Bloomberg

Italy’s UniCredit and Spain’s Banco Santander are scrambling to save a plan to create Europe’s third-largest money manager after the UK’s vote to leav(...)