UniCredit said on Friday it had no plans to liquidate its Russian business or return the banking licence held by its local subsidiary, which the Italian lender has held onto during the Ukraine conflict.
“Following some speculative rumours in the media, UniCredit confirms that there has been no change to the strategy we are executing and have consistently communicated to the market regarding Russian operations,” a spokesperson for the bank said i… [1083 chars]
Source: Reuters | Published: 2026-04-10T16:26:07Z
Credit: Reuters
