Unicredit to open 900 branches in Eastern Europe: chief executive
Italian banking giant Unicredit will open 900 branches in the next five years in central and eastern Europe, where it sees ``good signals of recovery,'' the bank's chief executive said on December 02.
Unicredit, Italy's biggest bank by capitalization, said on Thursday it planned to cut 9,000 jobs in western Europe and invest in central and eastern Europe to boost profits.