UniCredit to sell parts of its Russian business
Bank says move will hit profits by up to €3.3bn
Bank says move will hit profits by up to €3.3bn

Andrea Orcel fears loss of equity worth €3.8bn and plays down chance of finding a buyer

Italian lender to return about €50bn to investors over next five years

Italian leader pressing ahead with €35bn bid for Germany’s Commerzbank

German bank hits back after Italian lender accused it of failing to engage

Lenders concerned they could be at significant risk of potential lawsuits from Moscow

Andrea Orcel says German lender risks becoming ‘increasingly unfit’ for rapidly changing banking market