UniCredit To Take Loss Of Up To €3.3B On Russian Biz Sale
By Najiyya Budaly ( May 7, 2026, 11:11 AM BST) -- UniCredit SpA said Thursday that it will take a hit of up to €3.3 billion ($3.9 billion) on its profits to sell part of its Russian subsidiary to an investor in the United Arab Emirates as the Italian lender moves to distance itself from sanctioned clients....
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