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Reorganization at UniCredit

Published: July 5, 2012; 10:25 · (Vindobona)

The Italian banking group plans to dezentralize its structure. Bank Austria as CESEE hub is affected.

Reorganization at UniCredit / Picture: © UniCredit Banca

In 2007, UniCredit took over Bank Austria. Since then, Bank Austria´s structure was adapted several times. Now, also UniCredit Group itself should be reorganized. The group structure is planned to become decentralized.

In the last five years, UniCredit centralized ist activities substantially. The divisions of the banking group were dependent on the headquarters in Milan. Now,…

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