UniCredit to sell €17.7bn NPLs to Fortress and PIMCO
The sale of the underperforming assets is part of former Tikehau partner turned UniCredit CEO Jean-Pierre Mustier’s plan to streamline the bank’s operations and deleverage its non-core portfolio.
The sale of the underperforming assets is part of former Tikehau partner turned UniCredit CEO Jean-Pierre Mustier’s plan to streamline the bank’s operations and deleverage its non-core portfolio.
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