Putin authorizes Italian banking group UniCredit to spin off part of its Russian bank and sell the remaining business
Meduza · 5 Oct 2026

Putin authorizes Italian banking group UniCredit to spin off part of its Russian bank and sell the remaining business

Vladimir Putin has signed an order allowing the Italian financial group UniCredit to restructure its Russian subsidiary, UniCredit Bank, and sell all of the subsidiary’s shares. The document was published on Russia’s legal information portal.


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