Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Italian Stock Exchange  >  UniCredit SpA       IT0004781412

UNICREDIT SPA
Mes dernières consult.
Most popular
Report
SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Former UniCredit CEO, 19 Others to Stand Trial for "Brontos"

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/05/2012 | 11:26am CET

By Oscar Bodini and Christopher Emsden

ROME--Former UniCredit SpA (>> UniCredit SpA) Chief Executive Alessandro Profumo and 19 other bank officials will have to stand trial for their role in agreeing "Brontos," a financial swap, that investigators say was designed to avoid taxes.

Laura Marchiondelli, a judge in Milan, indicted Profumo--who is now Chairman of Banca Monte dei Paschi di Siena SpA (>> Banca Monte dei Paschi di Siena SpA) and the others Tuesday, accepting the request of prosecutors led by Alfredo Robledo, MF-Dow Jones reported.

The trial's first hearing was set for Oct. 1.

Mr. Profumo and UniCredit have both stated that they acted correctly in the Brontos deal, which was similar to structured-finance transactions entered into by most Italian banks in recent years.

The Milan court had impounded EUR245 million from UniCredit when the charges first emerged last year, but has since released those funds.

-Write to Oscar Bodini of MF-Dow Jones and Christopher Emsden at [email protected]

Order free Annual Report for BANCA MPS (MONTE PASCHI SIENA)

Visit http://djnweurope.ar.wilink.com/?ticker=IT0001334587 or call +44 (0)208 391 6028

Stocks mentioned in the article : UniCredit SpA, Banca Monte dei Paschi di Siena SpA
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on UNICREDIT SPA
09:39p UNICREDIT : Alfano, Cavusoglu to attend Italy-Turkey forum
11:25a UNICREDIT : 14 new SMEs join UniCredit CEE Lounge ELITE program
11/21 UNICREDIT : EBRD provides EUR20 million loan to UniCredit Leasing Croatia
11/21 UNICREDIT : rolls out its cross-border instant payments solution, starting with ..
11/17 BNP damps down Commerzbank tie-up talk, says just friends
11/17 UNICREDIT : Deutsche boerse appoints new chief
11/16 Italy's Carige struggling with cash call as ECB deadline looms
11/16DJUNICREDIT : Names Michael Diederich as Country Chairman Germany
11/16 UNICREDIT : Michael Diederich new Country Chairman Germany of UniCredit and CEO ..
11/16DJDeutsche Boerse Names Theodor Weimer as New CEO
More news
News from SeekingAlpha
01/16 DBRS lowers Italy's credit rating
2016 Understanding The Italian Banking Crisis, A New Lead Domino?
2016 Markets Edge Into Holiday Weekend
2016 Italy looks to prop up banking sector
2016 Fortress purchases NPL portfolio from Italy's UniCredit
Financials (€)
Sales 2017 19 459 M
EBIT 2017 7 666 M
Net income 2017 4 413 M
Debt 2017 -
Yield 2017 1,79%
P/E ratio 2017 8,03
P/E ratio 2018 10,54
Capi. / Sales 2017 1,89x
Capi. / Sales 2018 1,85x
Capitalization 36 858 M
Technical analysis trends UNICREDIT SPA
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
 
Mean consensus OUTPERFORM
Number of Analysts 26
Average target price 19,3 €
Spread / Average Target 16%
EPS Revisions
Managers
NameTitle
Jean-Pierre Mustier Chief Executive Officer & Director
Giuseppe Vita Chairman
Ranieri de Marchis Co-Chief Operating Officer
Francesco Giordano Co-Chief Operating Officer
Mirko Davide Georg Bianchi Group Chief Financial Officer
Sector and Competitors
1st jan.Capitalization (M$)
UNICREDIT SPA43 320
JP MORGAN CHASE & COMPANY13.73%343 260
INDUSTRIAL AND COMMRCL BANK OF CHINA LTD36.73%318 840
BANK OF AMERICA20.45%278 810
WELLS FARGO-1.74%268 668
CHINA CONSTRUCTION BANK CORPORATION28.49%238 698