UniCredit caught in the crosshairs

摘要

UNICREDIT has issued only one third of its €27.5bn funding target for 2018, but fresh volatility unleashed by the Turkish lira crisis showed it is not just fractious Italian politics that may hamper the bank's efforts to make further headway. Last year proved a watershed moment for Italy's largest lender, after a €13bn equity raising helped rehabilitate the bank and clean up its balance sheet.