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, ...

LONDON (MarketWatch) -- Shares of German bank HVB Group climbed Thursday after the bank announced a plan to cut up to 2,400 jobs, a further sign that corporate Germany is cutting back on expenses ...

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 ...

Andrea Orcel is tactically very skilled. In his bid to take over Commerzbank, the CEO of Unicredit is also bringing the German subsidiary HypoVereinsbank (HVB) into play. According to him, this would ...

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.

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 ...

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Hungarian bank OTP announced that it submitted a preliminary bid for the acquisition of 99.75% stake in HVB Splitska banka on Friday. Reportedly, the central bank has advised Italian, German and ...

HVB is selling the family silver to save itself. More painful still for the German bank, it has priced the public offering of Bank Austria to go. In reality, HVB has little choice. It desperately ...

FRANKFURT (MarketWatch) -- UniCredit SpA's (UC.MI) HVB Group AG (HVM.XE) may want to use the "financial power" it has acquired from asset sales to make acquisitions, Chief Executive Wolfgang Sprissler ...