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Stocks UniCredit SpA

  • LONDON, Oct 1- The Czech Republic, rated A1/AA-/A+, has priced a EUR750m increase of a 3.875% May 2022 issue via Barclays, Ceska, SG CIB and UniCredit. The tap attracted over EUR1.6bn of demand from investors and priced at mid-swaps plus 116 bp, from an initial price range of mid swaps plus 120 bp-125bp. The issue size now totals EUR2.75bn.

  • Italy needs a strong political government, not another technocrat administration when Prime Minister Mario Monti's term ends in the spring, the head of the country's main employers' confederation said on Sunday.

  • UBS

    Sergio Ermotti, the bank’s newly named chief executive, tells the Financial Times that there was “no way” bonuses would be unaffected by the shock  September's $2.3 billion trading loss.

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    UniCredit will ask the European Central Bank to increase access to ECB borrowing for Italian banks at a meeting on Wednesday, a source close to the bank said, highlighting funding concerns among the country's lenders.

  • Close-up of a pen on stock price chart

    European banking stocks fell sharply Tuesday before starting to rebound, with Unicredit and Deutsche Bank among the top losers, on fears that sovereign debt crises in peripheral euro zone countries might spread.

  • Crowd of people on the street

    Drugmaker Bristol-Myers Squibb became the latest big company to announce layoffs, saying it will eliminate another 10 percent of its work force through 2010.

  • This week brought a slew of layoffs, including Dow component Bank of America, which said its planned job cuts may grow to 35,000 over three years after it completes its purchase of Merrill Lynch.

  • Sony became one of the latest companies to announce layoffs in attempt to rein in costs and weather the weak economy.

  • Further layoffs on Monday from big market names, including a component of the Dow Jones Industrial Average an American business icon, added to employment gloom.

  • The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.

  • The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.

  • The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.

  • The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.

  • The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.

  • The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.

  • The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.

  • The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.

  • The latest job cuts  in the banking sector come amid an overall wave of layoffs across the United States as companies move to cut costs in the face of slackening demand and a general economic downturn.

  • Markets are braced for more hemorrhaging in jobs, with a Friday employment report expected to record 200,00 more jobs vaporized in October. This would push the jobless rate up two-tenths of a point to 6.3 percent.

  • Markets are braced for more hemorrhaging in jobs, with a Friday employment report expected to record 200,00 more jobs vaporized in October. This would push the jobless rate up two-tenths of a point to 6.3 percent.