Under the new agreement, which replaces one that had been in place since 2000 governing Bank Austria’s functions in the HVB Group, Bank Austria will manage, within the UniCredit Group’s guidelines, ...

Michael Diederich, chief executive of HypoVereinsbank (HVB), is UniCredit’s second big country head to exit in the space of a few months, after the departure of its head of Italy, Niccolò Ubertalli, ...

MILAN (Reuters) - UniCredit , Italy's biggest lender by assets, expects Europe's banking union to free up 7 billion euros ($9.4 billion) of capital from its German subsidiary HVB as capital ...

The HVB Group operates the leading banking network in 16 CEE countries and was awarded "Bank of the Year in Central and Eastern Europe," by The Banker and also "Best Bank in CEE" by Euromoney in 2004.

Germany's second-largest bank HVB said Thursday it would sell a 25 percent stake in its Bank Austria subsidiary ro raise capital and would cut another 2,000 jobs, or 3 percent of its work force, to ...

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