BIT:UCGBanks
Is UniCredit’s Accelerated Russia Exit Reshaping The Investment Case For UniCredit (BIT:UCG)?
In recent weeks, UniCredit has accelerated its pullback from Russia by selling almost all long-term leasing assets from UniCredit Leasing to Russia-based PR-Leasing and seeing several senior executives depart, as it works toward a full exit under European regulatory pressure.
This retrenchment marks a meaningful reshaping of UniCredit’s geographic risk profile and reduces its exposure to a market that had previously contributed to group profits.
We’ll now examine how UniCredit’s rapid...