UniCredit CEO Andrea CEO told the
Financial Times Thursday that a turnaround in the Ukraine war
might accelerate the exit of Italy's second biggest bank from
the Russian market.
"If politics change, our ability to sell "the Russian branch" on
more attractive terms improves, because the situation normalizes
for everyone, on both sides," Orcel explained to the British
financial daily in an interview.
"Therefore, our exit path is accelerated and the numbers look
much better."
ALL RIGHTS RESERVED © Copyright ANSA
