{
}
UniCredit S.p.A. experienced a significant decline in short interest, dropping 79.7% to 50,600 shares by March 15, with a short-interest ratio of 0.0 days. The stock traded down 1.5% to $29.46, with a 52-week range of $17.16 to $30.19. Analysts currently hold a "Hold" rating on the stock, suggesting that other investments may be more favorable.
Goldman Sachs has reduced its price target for UBS from 44.50 to 36.00 francs while maintaining a "Buy" rating. Analyst Chris Hallam noted that the outlook for European banks is the strongest in two decades, with institutions like Deutsche Bank and BNP Paribas poised to benefit, despite UBS facing stricter capital requirements.
UniCredit shareholders approved the bank's pay policy for 2024-2025, despite governance advisers recommending rejection due to CEO Andrea Orcel's significant pay increase. Orcel's compensation rose by 30% to 13.2 million euros last year, with potential earnings of 16.4 million euros in 2025 if targets are met. Approval rates for the pay packages dropped sharply, from 88% to 66.5% for 2025 and from 88% to 65.6% for 2024.
UniCredit's investors have approved a pay increase for the CEO for the years 2024-2025. However, the level of approval for this decision has seen a decline.
UniCredit shareholders approved the bank's pay policy for 2024-2025, despite governance advisers recommending rejection due to CEO Andrea Orcel's significant pay increase. Orcel's compensation rose by 30% to €13.2 million last year, with potential earnings of €16.4 million in 2025 if targets are met. Approval for the 2025 policy dropped to 66.5% from 88% the previous year, reflecting growing shareholder concerns.
UBS faces shareholder backlash as the Ethos association recommends rejecting the bank's remuneration, share buyback program, and sustainability report at the upcoming AGM. Ethos criticizes the high executive pay and potential for excessive risk-taking, while also highlighting gaps in UBS's sustainability commitments. The bank's management compensation for 2024 is said to reflect a performance-based approach, despite concerns over its alignment with current capital requirements.
UniCredit's annual general meeting approved a capital increase to support its hostile takeover bid for Banco BPM, Italy's third-largest bank. An overwhelming 99.88% of shareholders voted in favor of the bid, which is currently facing resistance from BPM.
Shareholders of UniCredit have approved the bank's remuneration policy for 2025, along with last year's pay policy, despite recommendations from governance advisers ISS and Glass Lewis to reject the proposals due to concerns over CEO Andrea Orcel's pay increase. The current policy received 66.5% support, while last year's compensation was approved with 65.6% of votes at the annual meeting.
UniCredit's CEO Andrea Orcel stated that the bank will only pursue a buyout of Banco BPM if the terms are favorable, emphasizing the importance of a sensible deal. He confirmed guidance for a 2025 net profit matching last year's record and highlighted the bank's strong performance since 2021, having returned €26 billion to investors. Recent developments have negatively impacted Banco BPM's share price, as the European Central Bank expressed concerns over its acquisition of Anima Holding, affecting investor expectations for a higher premium.
UniCredit's CEO Andrea Orcel stated that the bank would realize a capital gain if it sells its stake in Commerzbank. During the annual general meeting, he noted that while hedging the investment limited potential profits, it ultimately protects shareholders and enhances capital position.
UniCredit S.p.A.
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
uniCredit experiences significant drop in short interest and stock trading decline
23:29 27.03.2025
Goldman Sachs lowers UBS price target but maintains buy rating
Swiss Franc
Ing. A. Dielissen Bouwkundig werk
BNP Paribas SA
The Goldman Sachs Group Inc
Erste Group Bank AG
UniCredit S.p.A.
Deutsche Bank Money Market PP
CHE
Chris Hallam
Show more
22:17 27.03.2025
unicredit shareholders approve ceo pay increase despite governance concerns
16:55 27.03.2025
uniCredit shareholders support CEO salary hike for 2024-2025
16:55 27.03.2025
uniCredit shareholders approve CEO pay increase despite governance concerns
16:55 27.03.2025
shareholder group opposes UBS pay plans and share buyback proposal
Swiss Franc
Nomura Holdings, Inc.
Credit Suisse Strategic Income I
UniCredit S.p.A.
CHE
Colm Kelleher
Vincent Kaufmann
Sergio Ermotti
Show more
16:19 27.03.2025
UniCredit shareholders approve capital increase for Banco BPM takeover bid
16:14 27.03.2025
uniCredit shareholders approve CEO pay increase despite governance adviser concerns
15:30 27.03.2025
unicredit to pursue banco bpm acquisition only on favorable terms
Euro
Banca Generali S.p.A.
Banco BPM S.p.A.
Anima Holding SpA
Commerzbank AG
UniCredit S.p.A.
ITA
DEU
Valentina Za
Andrea Orcel
Show more
13:59 27.03.2025
unicredit poised for capital gain from potential comdirect stake sale
13:53 27.03.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Industry Mergers & Acquisitions
Finance Mergers & Acquisitions
Domestic Politics
Banking Regulations
Retail and Consumer Goods
Global Financial Events
CEO Changes
Government Policies
Workplace Trends
Global Trade Developments
Startups & Entrepreneurship
Elections & Campaigns
Market Analysis and Predictions
Central Bank Actions
Government Economic Policies
Supply Chain Management
Hedge Funds & Private Equity
Countries:
Companies:
Tesla, Inc.
UniCredit S.p.A.
Banco BPM S.p.A.
Deutsche Bank Money Market PP
JPMorgan Chase & Co.
Apple Inc.
Barclays PLC
Credit Suisse Strategic Income I
CREDIT AGRICOLE
SpaceXCoin USD
Lloyds Banking Group plc
BNP Paribas SA
Amazon.com, Inc.
The Goldman Sachs Group, Inc.
UBS Group AG
Credit Agricole
Banco Santander, S.A.
Reinsurance Group of America, Incorporated
Google Inc.
Berkshire Hathaway Inc.
Currencies:
United States Dollar
Euro
British Pound Sterling
Swiss Franc
Chinese Yuan
Indian Rupee
Japanese Yen
South Korean Won
Offshore Chinese Yuan
Hong Kong Dollar
Canadian Dollar
Singapore Dollar
Australian Dollar
Norwegian Krone
Filipino Peso
Danish Krone
Swedish Krona
Mexican Peso
Indonesian Rupiah
New Taiwan Dollar
People: