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UniCredit S.p.A. · Milan Italy ·(Pink Sheets: UNCFF)(Italian: UC)

Company Description

Piazza Cordusio
Milan
20123
Italy (Map)
Phone: +39-02-88-621
Fax: +39-02-8862-8503
Rankings
  • MIB
  • Dow Jones STOXX 50
  • #185 in FT Global 500
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Give credit where credit is due: UniCredit is a giant among Europe's banking giants. Also known as UniCredito Italiano, the company and its units have some 10,000 financial services branches in more than 50 countries. UniCredit's retail banking operations are led by its HVB in Germany, Bank Austria (that country's top bank), and UniCredit Banca in Italy. The company's $18 billion acquisition of HVB and Bank Austria in 2005 was one of the largest cross-border banking deals seen in Europe, while the nearly $30 billion purchase of Italian bank Capitalia in 2007 strengthened its hold at home. UniCredit also has corporate banking, asset management, investment banking, private banking, and related businesses. To read the full description, subscribe now.
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Key UniCredit S.p.A. Financials

Company TypePublic - Pink Sheets: UNCFF - Italian: UC

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$37,199.7
2007 Employees177,571

UniCredit S.p.A. Executives

58 executives listed for UniCredit S.p.A.'s Milan,  location.
TitleName & BioContact
ChairmanDieter RamplNetwork
Vice ChairmanAnthony WyandNetwork
Vice ChairmanBernardino LibonatiNetwork

Competition

Competitive Landscape for UniCredit S.p.A.
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.
Top UniCredit S.p.A. Competitors
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