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

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

End-of-day quote. End-of-day quote  - 07/29
2.192 EUR   +5.89%
07/29DJMost European Banks Survive Stress Test--Update
07/29 UNICREDIT : 2016 eu‐wide stress test results
07/29 UNICREDIT : says to assess with regulator necessary measures
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

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 CEST

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 chris.emsden@dowjones.com

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
07/29DJMost European Banks Survive Stress Test--Update
07/29 UNICREDIT : 2016 eu‐wide stress test results
07/29 UNICREDIT : says to assess with regulator necessary measures
07/29DJMost European Banks Pass Stress Test
07/29DJNew Study Quantifies European Banks' Capital Shortfalls as Stress Tests Loom
07/29 Milan bourse closes +1.96% (2)
07/28 UNICREDIT : statement about media speculations
07/28DJUNICREDIT : Draws a Line on Helping Banks Overloaded With Bad Loans -- Report
07/27DJUNICREDIT : Santander Terminate Asset Management Units Merger -- Update
07/27DJUNICREDIT : Santander Terminate Asset Management Units Merger
More news
Sector news : Banks - NEC
07/30DJSWIBER : Singapore's Swiber Applies for Judicial Management, Withdraws Liquidati..
07/30 ALLIED IRISH BANKS : says stress test not reflective of current performance
07/30 Deutsche Bank scrapes through European banks stress test
07/29 Monte dei Paschi approves privately-backed rescue plan
07/29DJMost European Banks Survive Stress Test--Update
More sector news : Banks - NEC
News from SeekingAlpha
07/29 Endgame For Italian Banks
07/25 ITALIAN BANKS : The Phantom Menace
07/25 PADOAN : There's no banking problem in Italy
07/18 The European Stalemate
07/11 FT : Santander, UniCredit to abandon ?5.3B deal thanks to Brexit
Advertisement
Financials (€)
Sales 2016 22 045 M
EBIT 2016 8 429 M
Net income 2016 1 755 M
Debt 2016 -
Yield 2016 5,57%
P/E ratio 2016 7,85
P/E ratio 2017 5,06
Capi. / Sales 2016 0,61x
Capi. / Sales 2017 0,60x
Capitalization 13 558 M
More Financials
Chart UNICREDIT SPA
Duration : Period :
UniCredit SpA Technical Analysis Chart | UCG | IT0004781412 | 4-Traders
Full-screen chart
Technical analysis trends UNICREDIT SPA
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 31
Average target price 3,37 €
Spread / Average Target 54%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Jean-Pierre Mustier Chief Executive Officer
Giuseppe Vita Chairman
Paolo Fiorentino Chief Operating Officer
Marina Natale Chief Financial Officer
Vincenzo Calandra Buonaura Vice Chairman
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
UNICREDIT SPA-55.48%15 151
WELLS FARGO & CO-11.76%243 546
JPMORGAN CHASE & CO.-3.12%233 916
INDUSTRIAL AND COML BA..-6.33%223 927
CHINA CONSTRUCTION BAN..-12.98%168 909
BANK OF AMERICA CORP-13.90%148 840
More Results