UniCredit to debut plan on Dec. 13 (2)

Presentation at Capital Market Day

(ANSA) - Milan, September 28 -UniCredit, Italy's biggest bank by assets, will present the outcome of a strategic review announced on July 11 at a Capital Market Day on December 13 in London, according to a statement.
    UniCredit's chief executive Jean Pierre Mustier said after his appointment in July that he intended to implement a new strategic plan affecting all of the bank's main areas with the aim of ''strengthening and optimizing capital provision, improving profitability, guaranteeing the evolution of business activities and taking advantage of opportunities''.
    One of Mustier's first measures as new chief executive was to sell 10% of Fineco Bank in July.
    Italian banks, struggling with capital shortfalls and non-performing loans after a long recession, have become a focus of investor concern in Europe.
    A number of dossiers are now on UniCredit's agenda, including asset manager Pioneer and Polish subsidiary Bank Pekao, as well as non-performing loans.


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