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UniCredit to raise 13 bn euros in fresh capital

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MILAN  - Italy's biggest bank, UniCredit, on Tuesday confirmed plans for a capital increase worth 13 billion euros as it scrambles to raise funds amid market uncertainty.

UniCredit also announced plans to shed around 14,000 jobs by the end of 2019, which it said would save it 1.1 billion euros in staff costs.

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Muslim Global: UniCredit to raise 13 bn euros in fresh capital
UniCredit to raise 13 bn euros in fresh capital
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Muslim Global
http://www.muslimglobal.com/2016/12/unicredit-to-raise-13-bn-euros-in-fresh.html
http://www.muslimglobal.com/
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http://www.muslimglobal.com/2016/12/unicredit-to-raise-13-bn-euros-in-fresh.html
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