UPDATE 1-UniCredit says to buy back stock this year, cut 9% of staff
Italy’s biggest bank UniCredit
said on Tuesday it would buy back its stock this year
to improve returns for investors, and shed 9% of staff under a
new plan to 2023 to cut costs by 1 billion euros ($1.1 billion)
in Western Europe.
said on Tuesday it would buy back its stock this year
to improve returns for investors, and shed 9% of staff under a
new plan to 2023 to cut costs by 1 billion euros ($1.1 billion)
in Western Europe.
Posted by Reuters
